The Hermès family office has established a new independent company responsible for fund and asset management

According to a Bloomberg report, a document shows that the luxury giant Hermès family office, named "Krefeld," has established an independent company called "Breithorn Holding," responsible for fund and asset management; 49-year-old Charles-Henri Chaliac is both the head of the family office and the CEO of the new company.

The report indicates that since its establishment, "Krefeld" has maintained a low profile regarding its operations, management, and strategy, and has rarely issued investment announcements. The earliest publicly disclosed investment was the acquisition of the French insurance company Albingia. It is reported that the family office also co-acquired a minority stake in the private company Anjac Health & Beauty with KKR & Co.

According to the Bloomberg Billionaires Index, the Hermès family has over 100 heirs with a combined net worth of $186 billion, making them the richest family in Europe. They hold approximately 67% of the shares in this publicly listed company and have received a total of €5.1 billion ($5.9 billion) in dividends from record dividend income over the past four years, providing "Krefeld" with strong investment power.

Currently, there is very little public information about "Krefeld" and its new company "Breithorn," but both companies are located at the same address in downtown Paris