ICAS member Alan Grieve has been appointed Chief Executive Officer of Reinet Investments Manager SA and Reinet Fund Manager SA.
Grieve has served as Chief Financial Officer of both Reinet
Investments Manager and Reinet Fund Manager SA since the formation of Reinet in
2008.
A Chartered Accountant and member of ICAS since 1979, Grieve
completed his CA training with Edward Moore & Co in Edinburgh before moving
to Price Waterhouse in Luxembourg.
Reinet was established in October 2008 when the Richemont SA
changed its legal form to that of a partnership limited by shares and adopted
the name Reinet Investments SCA.
At the same time as it changed its legal status, Richemont
SA redeemed its ordinary capital, which had been held exclusively by Compagnie
Financière Richemont, by way of the distribution to CFR of its entire luxury
goods interests.
In consequence, CFR became a specifically focused luxury
goods company and Reinet was established as an investment vehicle, the principal
asset of which was the former Richemont’s interest in British American Tobacco.
Grieve had worked with Compagnie Financière Richemont since
its formation, having been Company Secretary from 1988 to 2004 and more
recently Director of Corporate Affairs.
Reinet Investments Manager is the general partner and
management company of Reinet Investments SCA.
Reinet Fund Manager SA is the general partner and management
company of Reinet Investments SCA’s wholly-owned subsidiary, Reinet Fund SCA,
FIS.