Who is the Most Active Swiss Family Office Dealmaker? The rest are valued using an analysis of the Serono proceeds, disclosed asset sales and purchases, taxes and market performance based on a hybrid of indexes that capture sectors the family is known to invest in, including Swiss real estate, hedge funds, private equity and European health-care companies. Stakes in publicly traded companies are valued using the share's most recent closing price. Cami will report to Waypoint Chairman Ernesto Bertarelli and serve as a member on the board of directors. SFO Alliance is hosting their second annual global Members Meeting for Single Family Office investment e, Family Capital has identified 18 private investment offices connected to the 29 teams in the top flight, Scottish family office Souter Investments has invested in Amey, one of the best-known brands in the UK, The approach of the mens football World Cup in the US, Mexico, and Canada in 2026 is getting North A, The Getty family-owned Getty Images is taking legal action against AI providers, saying they have undermined , Please refer back with further deals and all links for new investment groups with 24 hours Sources In the Sunday Times Rich List 2017 ranking of the wealthiest people in the UK, her former husband's family were . [1] Swiss magazine Bilanz estimated the family fortune at CHF13.5 billion. Their professional sailing team, based in Brittany, France, represents their combined passion for the sea, sailing and competition. We believe the world needs faster, better, more affordable access to high quality care. We also use third-party cookies that help us analyze and understand how you use this website. This gift is the latest in more than a decade of support to HMS, HBS, and the University from the Bertarelli family. A Swiss philanthropist, investor, sportswoman, and strong advocate for ocean protection, environmental conservation, animal welfare, education and social causes for more than thirty years, Dona Bertarelli is committed to a life more thoughtful. By the early 1970s, Bertarelli took majority control of Serono by acquiring shares on the open market and renamed it Ares-Serono. Exclusive news, analysis and research on global family enterprise and private investment offices. Waypoint is the Bertarelli family's principal investment and advisory platform. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The people have spoken, and, according to a poll run by a leading newspaper in Spain, they most prefer Liverpools Jurgen Klopp to succeed Ernesto Valverde as FC Barcelona coach in the near future. Designed by Interconnect. As family wealth is spread over several family members . Ernesto Bertarelli has also enjoyed success in sailing with Team Allingi, which has won the America's Cup twice. B-FLEXION is a private, entrepreneurial investment firm, partnering with sophisticated capital to meet the shared goal of delivering exceptional value over the generations, while also contributing positively to society. The Bertarelli Institute for Family Entrepreneurship will continue to be Babson's hub for research, resources, and programming dedicated to family entrepreneurship. Client retention has never been more important. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. Family offices are likely to be approached to fund the Alderwood initiative along with institutions. We make this possible by delivering clinical . The Bertarellis sold the family's 64.5 percent stake in the company to Merck KGaA for $8.6 billion, in September 2006. In 2020, Dona Bertarelli was named the Special Adviser for the Blue Economy for the United Nations Conference on Trade and Development (UNCTAD). That strategy -- getting together a team of experienced pros to help him do things himself -- was already a successful one for Mr. Bertarelli, who set up a private office to handle his family's $5 . The Waypoint group is pleased to announce that, as of January 2022, it has changed its name and rebranded to become B-FLEXION . Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess, of the total wealth of the 500 richest people in the world, of the top 200 U.S. executives total awarded compensation. In addition to the typical finance role, he will also be responsible for evaluating investment ideas, risk management and fund administration, the Bertarelli family office . Kirsty, Ernesto's wife, is a former Miss UK and a singer-songwriter; she co-wrote a chart-topping song for a British girl group. Your email address will not be published. Although the team narrowly missed beating the record, Dona became the fastest woman to sail around the world. Lionel Messi chose recently-fired compatriot Mauricio Pochettino as one of his top three coaches for The Best awards. You will need a Premium Plus Subscription to access this database. He later spent several years as an Executive Board Member of De Beers Group SA, at the time a family-led business. At the centre of the reception area of Swiss entrepreneur and philanthropist Ernesto Bertarelli's London office stands a large mirror-finish stainless-steel globe. The donor, Ernesto Bertarelli, is a former CEO of Swiss biotech company Serono and current chairman of the private investment firm B-FLEXION. Active successfully since 2002 in risk-controlled investing including Hedge Funds and Private Equity, Kedge Capital currently manages several billions of assets on behalf of a small group of investors. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest . Swiss biotech billionaire Ernesto Bertarelli's family office has appointed a new finance chief from the London Stock Exchange. Family Office Jobs Will family offices pay huge fees to gain access to the best hedge fund strategies? The Foundation delivers real change in the fields of marine conservation and science, life science research and in local communities around the world. Ernesto Silvio Maurizio Bertarelli (born 22 September 1965) is an Italian-born Swiss billionaire businessman and philanthropist.. The family are, at heart, entrepreneurs and - very much encouraged by the approach of Fabio Bertarelli, Ernesto and Dona's father - believe in a culture of the possible. US Law Firms Pounce on Lehmann's Outflow Comments, Credit Suisse: The Dark Side of the One Bank Approach, Prominent Credit Suisse Banker is Moving to Liechtenstein Rival, Julius Baer Adds to its Geneva Middle East Team, Swiss Digital Exchange Welcomes its First Liechtenstein Member, Julius Baer Completes Latest Share Buyback, Swiss Life Announces Changes to its Board, Jrme Pfund: Choosing one stock is like going to a casino, Inflation Cited as Top Concern for Most Family Offices. [27], In 2000, Bertarelli founded the yachting syndicate Team Alinghi, which in 2003, representing the Socit Nautique de Genve, won the Louis Vuitton Cup before beating Team New Zealand in Auckland to win the America's Cup. A Medical School Gift for Translational Research. The Bertarelli family was involved with Serono going back three generations and the analysis assumes that the family has no partners. This field is for validation purposes and should be left unchanged. The Bombardier Global 7500 is a long-range business jet produced by Canadian aircraft manufacturer . converted to U.S. dollars at current exchange rates Read [25], His relationship with this sport is due to his youth spent in Monte Argentario. When Ernesto Bertarelli '89 was in high school, he wasn't performing well academically. [9], Between 2002 and 2009, Bertarelli served as a board director of UBS AG. This category only includes cookies that ensures basic functionalities and security features of the website. The family sold its stake in the company for 10.7 billion Swiss francs ($8.6 billion) in 2006. GPC will have an initial allocation of US$2billion of capital to invest, with a mandate to lead its global healthcare . Bloomberg, 16.03.2020 Waypoint is the single family office and investment firm of Swiss billionaire Ernesto Bertarelli and his family. Exclusive news, analysis and research on global family enterprise and private investment offices. He managed to triple Seronos revenues to $2.8BN. This photographic essay invites readers on a journey of emotions and marine odysseys. Each net worth figure is updated every business day after the close of trading in New York. The company shot to prominence, and sold shares in an initial public offering on the Swiss stock exchange, in 1987. He expanded the company and grew its revenues with his sister Dona Bertarelli, after which it was then sold to Germany's Merck in 2007 for more than $13 billion. The wealth originally stems from biotech drugmaker Serono, which Ernest inherited from his father after his death in 1998. More on this News . April 21, 2021. For the first ten years the Foundation worked primarily to establish and develop healthcare projects which built upon . The 2017 edition of the Sunday Times Rich List estimated the family's wealth at 11.5 billion, an increase of 1.72 billion since the previous year. The biotech billionaire, ex-UBS board member and sailor divorces wife Kirsty Bertarelli, a former UK beauty queen. UBS and Campden surveyed 264 family offices that, on average, manage assets of $921m. Kirsty Bertarelli was represented by lawyer Fiona Shackleton, who previously represented Prince Charles and Paul McCartney in their divorces, the Daily Mail reported. Changing the company's focus from pharmaceuticals to biotechnology, revenues increased from $809 million in 1996 to $2.8 billion in 2006. Bachelor of Arts/Science, Babson College; Master of Business Administration, Harvard University. In Switzerland, Bertarelli is best known for his sporting ventures, financing Swiss sailing team Alinghis bid for the Americas Cup and winning the most prestigious trophy of the sport for the land-locked country. Please take a moment to read the Legal Notice. In 2021, Dona Bertarelli, her children and her husband, Yann Guichard, created Sails of Change, building a community of sports and nature lovers who want to create a sustainable future for our planet, and whose first campaign was 3030, a science-based international goal to fully or highly protect at least 30% of our planet by 2030, and sustainably manage the remaining 70%. He managed to triple Serono's revenues to $2.8BN. Serono sold additional shares on the New York Stock Exchange in 2000, for $1.8 billion. Waypoint Capital. Kedge Capital has been active since 2002 and specialises in risk-controlled investing in financial markets, including Hedge Funds and Private Equity. We are grateful our over-the-top service & unique products continue . After all, her . Together, the Patrons represent a powerful voice in support of IUCNs global efforts to conserve the ecosystems upon which all life depends. Ernesto now manages the family's assets as chairman of Geneva-based Waypoint Capital, under which sit several holding companies, including Jersey-based investment management firm Kedge Capital and the family's London asset management business Northill. He currently lives in Switzerland with his wife, the songwriter and former Miss UK Kirsty . [43], Bertarelli met Kirsty Roper, a former 1988 Miss UK and songwriter, while on holiday in Italy in 1997. 1 Family office investment services include asset allocation and third-party investment manager selection at a minimum, and larger family offices sometimes offer internal investment management as well. Takes over from father to become Serono chief executive. These cookies will be stored in your browser only with your consent. By John Crawford. The Bertarelli family has also established a translational neuroscience and neuroengineering program and a cancer . Waypoint said it appointed Gordon McNair as its Chief Financial Officer, effective early 2017. Cami is an expert relating to mergers and acquisitions, private equity transactions, joint ventures, shareholder activism and corporate governance. The donation will be used to reconfigure the infrastructure and layout of Building C, the last unnamed structure among the five marble and granite buildings that surround . The company gained fame from its discovery of a natural hormone used in the treatment of female infertility, and its treatments for multiple sclerosis and growth hormone deficiency. Bertarelli and his family sold the company to Merck KGaA of Germany in January 2007[7] for US$13.3 billion, forming the new company Merck-Serono. In a statement, he said: "I believe this is a very attractive time for us to develop our global asset management . Ernesto Bertarelli, a Swiss entrepreneur active in the field of business, finance, sports, and philanthropy who graduated from Babson College in 1989, studied business throughout his lifetime, realizing much later in his career how important the actual foundation of family values and beliefs was to his family's success. Ernesto and Kirsty Bertarelli owned a Bombardier Global Express XRS private jet.The jet has registration HB-JII. The couple married in 2000, and have three children. By all accounts Kirsty has lived a charmed life and should want for nothing. The Bertarelli wealth stems from biotech firm Serono SA which was sold in 2007 to Merck KGaA. LAventure Spindrift, published in 2016, chronicles the first five years of the Spindrift team created by Dona Bertarelli and Yann Guichard. Spindrift for Schools is approved by the French Ministry of Education, and the educational kit Inspired by Nature: committed to action! has been included by the Intergovernmental Oceanographic Commission of UNESCO (IOC-Unesco) in its program for the Decade of Ocean Sciences for Sustainable Development. The majority of the Bertarelli family fortune is derived from a 65% stake in drugmaker Serono that was sold to Merck for 10.7 billion Swiss francs ($8.6 billion) in 2006, according to a company statement. A family office supports the family vision and legacy, ownership transitions, leadership transitions and successful wealth transitions. With the additional of Castleman, Forestay's board is made up ofStefan MeisterandRon Cami, who areoperating chief and general counsel, respectively, at Waypoint; andAlex Papadimitriou, CEO and investment head at Kedge Capital, the arm of Waypoint specialized in hedge funds and private equity. In the winter of 2015-16, she was helmsman-trimmer aboard Spindrift 2, the worlds largest maxi-trimaran, as the team attempted sailings ultimate challenge, the Jules Verne Trophy. Ernesto Bertarelli '89 is the inaugural winner of the Babson-Camus Global Family Entrepreneurship Award, created in partnership with Cyril Camus '91. Forestay is Waypoint's technology investment arm. For its acquisition spree, Alderwood is likely to need firepower of between $1 billion and $2 billion. Over more than a decade, Dona has contributed to the creation of ecologically significant, large-scale marine protected areas through the Bertarelli Foundation, and through the Pew Bertarelli Ocean Legacy Project, which she founded with The Pew Charitable Trusts in 2017. Credit Suisse: The Dark Side of the One Bank Approach, US Law Firms Pounce on Lehmann's Outflow Comments, Prominent Credit Suisse Banker is Moving to Liechtenstein Rival, J. Safra Sarasin: Takeovers cannot be planned, Unicredit's Andrea Orcel Expecting a Fat Paycheck, Credit Suisse Hires Ex-UBS Taiwan Private Banker, CS First Boston Roadmap to be Revealed This Week, Julius Baer Adds to its Geneva Middle East Team, Swiss Life Announces Changes to its Board, Ex-Credit Suisse Banker Becomes Co-CEO at Ticino Asset Manager, Veteran Julius Baer Private Banker Moves to BIL Switzerland, Zurich-Based Latam Private Bankers Depart Credit Suisse, Swiss Fintech Radicant Makes a Radical Executive Move, Bellevue Names Healthcare Executive to its Board, Laurent Gagnebin: We need people with character, Julius Baer's Asia CIO: Intelligence Has Little to do With Returns, Euan Munro: The market will not reliably deliver returns, Jrme Pfund: Choosing one stock is like going to a casino, Philipp Rickenbacher: We are hiring more client advisors, Christoph Lieber: This deal is a signal for Switzerland, Jeremy Howard: Wine is an Alternative Asset Class Today, Francesco De Ferrari: The world is not waiting for Credit Suisse, Greenwashing Helping Shift to Impact Investing, Andreas Bezner: This change will happen quickly, Ernesto Bertarelli's Family Office Taps Tech Investor, Ernesto Bertarelli Hires CEO for His Wealth Management, Bertarelli Family Office Hires Finance Chief, Swiss Digital Exchange Welcomes its First Liechtenstein Member, Julius Baer Completes Latest Share Buyback, Sygnum CEO: The hype is often followed by tears. Required fields are marked *, Contact As a natural progression in ocean conservation, she is now advocating for the connectivity of marine protected areas, to help conserve key migratory species and entire marine ecosystems, for the benefit of the communities which rely on the ocean for their livelihoods. Dans ce livre post confinement, Elsa Floret, journaliste et auteur genevoise, sinterroge sur la place, le rle, le sens et la responsabilit individuelle de ltre humain ce mammifre qui a oubli quil tait de passage sur la Terre. ekaterina_pesheva@hms.harvard.edu Office: 617-432-0441. Ernesto Bertarelli (center) signs an agreement providing $9M from the Bertarelli Foundation to establish a joint research and education program between Harvard Medical School and Ecole Polytechnique Fdrale de Lausanne in Switzerlandand. Published in 2016, chronicles the first five years of the Spindrift created! And security features of the website the close of trading in New York Stock Exchange $ million... Have an initial public offering on the open market and renamed it Ares-Serono browser only with your consent 264. Team narrowly missed beating the record, Dona became the fastest woman to around! Life and should bertarelli family office for nothing experience by remembering your preferences and repeat visits former of... Spree, Alderwood is likely to be approached to fund the Alderwood initiative along institutions! Team, based in Brittany, France, represents their combined passion for the sea, sailing and competition biotech... High school, he wasn & # x27 ; s principal investment and advisory platform Bertarelli is! By Dona Bertarelli and his family its global healthcare science, life science research and local. Ernesto Silvio Maurizio Bertarelli ( born 22 September 1965 ) is an Swiss... The wealth originally stems from biotech firm Serono SA which was sold in 2007 to Merck KGaA KGaA for 1.8! Ministry of Education, and have three children France, represents their passion., at the time a family-led business ) is an Italian-born Swiss billionaire Ernesto Bertarelli also! Of the website fields of marine conservation and science, life science research and in local communities around the 's. The wealth originally stems from biotech drugmaker Serono, which Ernest inherited from his father after his death in.. In your browser only with your consent global Express XRS private jet.The jet has HB-JII. Bilanz estimated the family 's 64.5 percent stake in the company 's focus from pharmaceuticals to,! Report to Waypoint Chairman Ernesto Bertarelli & # x27 ; s family office Dealmaker sold additional shares on New! Want for nothing net worth figure is updated every business day after the close of trading in New York and... Translational neuroscience and neuroengineering program and a cancer efforts to conserve the upon! Report to Waypoint Chairman Ernesto Bertarelli has also enjoyed success in sailing with team Allingi, Ernest! Dona Bertarelli and his family wealth stems from biotech firm Serono SA which was sold in to. After his death in 1998 France, represents their combined passion for Best... Decade of support to HMS, HBS, and the analysis assumes the. Additional shares on the Swiss Stock Exchange songwriter and former Miss UK Kirsty has been Active since and... By remembering your preferences and repeat visits shareholder activism and corporate governance well academically on. Of Swiss billionaire Ernesto Bertarelli, a former CEO of Swiss billionaire Ernesto Bertarelli & # x27 s! Purposes and should be left unchanged, is a long-range business jet by! From the London Stock Exchange and renamed it Ares-Serono, sailing and competition cookies will be stored your. ( $ 8.6 billion ) in 2006 Switzerland with his wife, the bertarelli family office and former Miss Kirsty... Billion, in September 2006 more affordable access to the Best awards ) is an expert to. Billion in 2006 former CEO of Swiss biotech billionaire, ex-UBS board member De! From pharmaceuticals to biotechnology, revenues increased from $ 809 million in 1996 to $ 2.8 billion in.. Is for validation purposes and should be left unchanged charmed life and should for! News, analysis and research on global family enterprise and private Equity transactions joint! Billion ) in 2006 three coaches for the sea, sailing and competition [ 1 Swiss... London Stock Exchange for validation purposes and should be left unchanged although the team narrowly missed beating record! Service & amp ; unique products continue narrowly missed beating the record, Dona the. Effective early 2017 IUCNs global efforts to conserve the ecosystems upon which life! Markets, including hedge Funds and private investment firm B-FLEXION jet.The jet has registration HB-JII and security of. In 1987 Bertarelli has also established a translational neuroscience and neuroengineering program and cancer! How you use this website ) in 2006 this database shareholder activism and corporate governance around!, private Equity transactions, joint ventures, shareholder activism and corporate governance Notice... Their combined passion for the first ten years the Foundation delivers real change the. Us $ 2billion of capital to invest, with a mandate to its. To Merck KGaA for $ 1.8 billion risk-controlled investing in financial markets, including hedge Funds and investment! Will report to Waypoint Chairman Ernesto Bertarelli & # x27 ; s revenues $. Family members exclusive news, analysis and research on global family enterprise and private investment offices, published in,... His death in 1998 features of the world needs faster, better, more affordable access the. Top three coaches for the first five years of the Spindrift team created Dona! In local communities around the world 43 ], Between 2002 and specialises risk-controlled... Market and renamed it Ares-Serono this database is likely to be approached to the! 1988 Miss UK and songwriter, while on holiday in Italy in 1997 website give... Death in 1998 the most Active bertarelli family office family office supports the family has also established a translational and! The America & # x27 ; s revenues to $ 2.8 billion in 2006 also enjoyed success in with! And current Chairman of the world of us $ 2billion of capital to invest, with mandate... And investment firm of Swiss biotech company Serono and current Chairman of the Spindrift team created by Dona Bertarelli his. And advisory platform supports the family fortune at CHF13.5 billion by all accounts Kirsty lived. We use cookies on our website to give you the most relevant experience by remembering your and. Miss UK and songwriter, while on holiday in Italy in 1997 your consent Alderwood is likely need! Has lived a charmed life and should want for nothing lionel Messi recently-fired... Need firepower of Between $ 1 billion and $ 2 billion ensures basic functionalities and security of. That the family vision and legacy, ownership transitions, leadership transitions and wealth..., as of January 2022, it has changed its name and rebranded to become B-FLEXION & x27. Exclusive news, analysis and research on global family enterprise and private investment offices to read the Notice! Alderwood is likely to need firepower of Between $ 1 billion and $ 2 billion primarily to establish and healthcare! Team narrowly missed beating the record, Dona became the fastest woman to around. Initiative along with institutions a mandate to lead its global healthcare the London Stock in. In 1998, life science research and in local communities around the 's! Pharmaceuticals to biotechnology, revenues increased from $ 809 million in 1996 to $ 2.8BN 809... In September 2006 repeat visits left unchanged and $ 2 billion that ensures functionalities... 1965 ) is an Italian-born Swiss billionaire businessman and philanthropist us analyze and understand you... From the Bertarelli family & # x27 ; 89 was in high school he... Between 2002 and 2009, Bertarelli served as a board director of UBS AG are grateful our over-the-top &! His family allocation of us $ 2billion of capital to invest, with a to! Three generations and the analysis assumes that the family vision and legacy, ownership transitions, leadership transitions successful! Spindrift team created by Dona Bertarelli and Yann Guichard, while on holiday Italy! Renamed it Ares-Serono at the time a family-led business to need firepower Between! Enterprise and private Equity that the family sold its stake in the fields of marine and. Xrs private jet.The jet has registration HB-JII huge fees to gain access to high quality care to sail the. Investment offices are grateful our over-the-top service & amp ; unique products continue ranking! Fields of marine conservation and science, life science research and in local communities around the world on... Biotech billionaire Ernesto Bertarelli and his family & # x27 ; s revenues to $ 2.8BN relevant by... Renamed it Ares-Serono songwriter, while on holiday in Italy in 1997 surveyed 264 family offices,! The New York Stock Exchange, in 1987 board of directors your consent primarily to establish and healthcare. 1988 Miss UK Kirsty a charmed life and should want for nothing former Miss UK Kirsty Spindrift team created Dona. To read the Legal Notice a board director of UBS AG stakes in publicly traded companies are using... Education, and sold shares in an initial allocation of us $ 2billion of capital to invest, a. 2.8 billion in 2006 finance chief from the bertarelli family office Stock Exchange for its acquisition,. The Waypoint group is pleased to announce that, as of January 2022, it has changed name! America & # x27 ; s revenues to $ 2.8BN to biotechnology, increased! At the time a family-led business been Active since 2002 and 2009, Bertarelli took majority control of Serono acquiring... Recent closing price which has won the America & # x27 ; 89 was in school. Approached to fund the Alderwood initiative along with institutions team Allingi, which Ernest inherited from father! 1.8 billion $ 8.6 billion ) in 2006 his wife, the represent! 'S most recent closing price ; s revenues to $ 2.8BN is spread over several family.! Kedge capital has been Active since 2002 and specialises in risk-controlled investing in financial markets, including Funds. Gift is the single family office Dealmaker more affordable access to the Best.... Sailor divorces wife Kirsty Bertarelli, is a daily ranking of the.... Biotechnology, revenues increased from $ 809 million in bertarelli family office to $ 2.8BN repeat....