Reinet Investments

Reinet Investments S.C.A.
TypePublic
LuxSE: REIN
IndustryFinance
Founded20 October 2008; 18 years ago (20 October 2008)
HeadquartersLuxembourg City, Luxembourg
Area served
Luxembourg
Key peopleJohann Rupert (Chairman)
ServicesInvestment
Private equity
Websitereinet.com

Reinet Investments S.C.A., sometimes simply referred to as Reinet, is a Luxembourg-based investment vehicle that was demerged from the Swiss luxury goods company Richemont on 20 October 2008.

The company is listed on the Luxembourg Stock Exchange (LuxSE), and was the third-largest component of the LuxX Index in 2020.

History

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, valuing Reinet's stake at £1.46bn (€1.88bn).

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.

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

Investment Strategy

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.

See also

References

  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.