Breithorn will oversee fund and asset management and is led by Charles-Henri Chaliac, who also serves as Krefeld's chief executive. The move marks the most visible step yet in the family office's evolution since its creation in 2022, when descendants consolidated their separate investment vehicles in response to LVMH's attempted takeover more than a decade earlier. The Hermes family controls roughly 67% of the listed company, and its more than 100 heirs hold a combined net worth of $186bn, according to the Bloomberg Billionaires Index. Dividend income of '5.1bn over the past four years has given Krefeld significant capital to deploy. Krefeld has disclosed few investments to date. One early deal involved French insurer Albingia, while the office also acquired a minority stake in Anjac Health & Beauty alongside KKR, as reported in Les Echos. The creation of Breithorn suggests a broader investment mandate as the family seeks opportunities outside Hermes International. Both Krefeld and...
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