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Announced

Chimera and Haeres to create ChimHaeres.

Synopsis

Chimera, an asset management firm, and Haeres, a private investment company, agreed to create ChimHaeres, a common investment vehicle that will deploy its own capital towards the acquisition and build-up of luxury and lifestyle brands. Financial terms were not disclosed. “ChimHaeres embodies the shared vision of both Chimera and Haeres to build and manage a multi-brands luxury and lifestyle platform. The partnership will invest in unique European assets applying a pro-active management and ownership approach, through dedicated industry experts, to deliver the long-term strategies of each portfolio company. I am delighted to be part of this new venture and look forward to working with our multi-disciplined team to deploy our proven business model in high-end brands,” Philippe Camperio, Haeres Founder.

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