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Reinet Investments S.C.A.
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Company typePublic
LuxSEREIN
IndustryFinance
Founded20 October 2008
Headquarters35, boulevard Prince Henri, Luxembourg City, Luxembourg
Area served
Luxembourg
Key people
Johann Rupert, Executive Chairman
ServicesInvestment, private equity
Websitehttp://www.reinet.com/

Reinet Investments S.C.A. is a Luxembourg-based investment vehicle that was demerged from the Swiss luxury goods company Richemont on 20 October 2008.[1] It is listed on the Luxembourg Stock Exchange (LuxSE), and at 2020 is the third-largest component of the LuxX Index.

History

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Upon formation, Reinet controlled €350m in cash, €50m in miscellaneous investments, and a 4% stake (84.3 million shares) in British American Tobacco (BAT). On the first day of Reinet trading, BAT's share price opened at £17.31,[2] valuing Reinet's stake at £1.46bn (€1.88bn).[3] The formation of Reinet allowed the Rupert family to spin off all non-luxuries related activities, and allow Richemont to focus purely on its core investments.[4]

In January 2009, Reinet entered into negotiations to purchase the private equity business of Lehman Brothers,[5][6] which is now known as Trilantic Capital Partners.[7][8]

Investment Strategy

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Reinet states that its investment strategy is to take a long-term view of investment opportunities, to invest in a wide range of asset classes (including listed and unlisted equities, bonds, real estate and derivative instruments), while emphasis will at all times be on the protection of shareholders' capital.[9]

See also

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References

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  1. ^ "Reinet Formation". Reinet Investments. Archived from the original on 4 May 2019. Retrieved 18 January 2009.
  2. ^ "Historical Share Prices". Yahoo!. Retrieved 18 January 2009.
  3. ^ "GBP to EUR (GBPEUR=X)". Yahoo!. Retrieved 18 January 2009.
  4. ^ "About Reinet Investments S.C.A". Reinet Investments. Retrieved 18 January 2009.
  5. ^ Saitto, Serena (9 January 2009). "Lehman Said to Be in Talks to Sell Fund to Managers, Reinet". Bloomberg L.P. Retrieved 18 January 2009.
  6. ^ "Billionaire Investor Buys 2 Lehman Funds". DealBook. 22 January 2009. Retrieved 16 December 2025.
  7. ^ "Same Group, New Owner". Wall Street Journal. 11 September 2009. ISSN 0099-9660. Retrieved 16 December 2025.
  8. ^ Witkowsky, Chris (14 May 2025). "Trilantic runs what could be a precedent-setting liquidity process". Buyouts. Retrieved 16 December 2025.
  9. ^ "Reinet Investments S.C.A. - Investment Strategy". Company website.

External links

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