Chanel Heir’s PE Vehicle Hires Former Richemont Exec Chabi Nouri

Chabi Nouri, CEO of Richmont-owned Piaget from 2017 to 2021, is ready to enroll in Geneva-based asset supervisor Mirabaud.

Nouri will paintings along David Wertheimer (son of Chanel co-owner Gérard Wertheimer) as co-manager of Mirabaud’s “way of life have an effect on and innovation” unit, whose present investments come with MycoWorks, a fast-growing provider of mushroom-based leather-based substitutes, and streetwear newsletter Highsnobiety, in addition to lab-grown gemstone-maker Diam Thought and refillable lipstick emblem Los angeles Bouche Rouge.

Nouri will paintings with the ones holdings to “create price and enlargement and unharness their complete doable” whilst additionally serving to to spot long term investments in firms “revolutionising” the way of living sector, Mirabaud stated in a commentary.

Renaud Dutreil, the previous French minister and former LVMH Americas CEO, will proceed to assist oversee the portfolio as Mirabaud’s head of personal fairness.

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