Reinet Investments

Reinet Investments S.C.A.

Company type	Investment company
Industry	Financial services
Founded	October 20, 2008 (2008-10-20)
Headquarters	Luxembourg City , Luxembourg
Products	Publicly traded and private equities, fixed income securities, real estate holdings, derivatives
Parent	Richemont (predecessor)
Website	www.reinet.com

Reinet Investments S.C.A. is an investment entity headquartered in Luxembourg, which was spun off from the Swiss luxury conglomerate Richemont on 20 October 2008. It trades on the Luxembourg Stock Exchange (LuxSE) and, as of 2020, holds the position of the third-largest constituent within the LuxX Index.

History

At its establishment, Reinet held €350 million in cash reserves, €50 million in various other investments, and a 4% ownership interest (84.3 million shares) in British American Tobacco (BAT). On the initial day of trading, BAT shares commenced at £17.31, assigning a value of £1.46 billion (€1.88 billion) to Reinet's holdings. This separation facilitated the Rupert family’s ability to isolate non-luxury assets, enabling Richemont to focus exclusively on its luxury brand portfolio.

In January 2009, Reinet began discussions aimed at acquiring Lehman Brothers’ private equity division, which is now identified as Trilantic Capital Partners.

Investment Strategy

Reinet adopts a long-range investment philosophy that spans multiple asset categories such as publicly traded and private equities, fixed income securities, real estate holdings, and derivatives. The firm emphasizes capital preservation for its shareholders as a core principle.

The company only publicly reports its investment in BAT.

See also

• Lehman Brothers Merchant Banking

External links

• Reinet Investments official website