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French Family Office Sets Up Subsidiary To Back Startups With Early Capital

by famcap.com posted 1year ago 437 views
Groupe Arnault, the holding and family investment group of the Arnault family, has set up a new entity to provide early capital for startups, according to&nbsp;<a href="https://business.lesechos.fr/entrepreneurs/actu/0212023760969-aglae-bras-arme-de-groupe-arnault-309143.php" target="_blank">a report</a>&nbsp;in&nbsp;Les Echos.&nbsp;Billionaire Bernard Arnault is best known for his ownership of the biggest luxury goods group in the world in terms of sales, LVMH.