The Edmond de Rothschild Group is a financial institution specialized in private banking and asset management.
Based in Geneva, the group is family-owned and independent, and encompasses the Edmond de Rothschild Foundations (philanthropic arm), the lifestyle brand Edmond de Rothschild Heritage (fine wine and cheese, luxury hotels and restaurants), and sponsors the Gitana Team (professional sailing team).
He launched the Geneva-based private banking practice Banque Privée Edmond de Rothschild in 1965 and the branch in Luxembourg three years later.
[3] In 1992, LCF Edmond de Rothschild managed assets worth $2 billion,[6] and opened an office in Hong Kong.
[19] In 2011, the group opened an office in Dubai to develop its activities in the Middle East[20] and became a member of the United Nations Global Compact.
[22] In 2014, after raising a $530 million fund targeting investments in Africa,[23] all of the company's financial and non-financial assets were reorganized within the group's structure.
[29] Under the Swiss Bank Program, the group signed a non-prosecution agreement with the US Department of Justice regarding undeclared US accounts in Switzerland and paid a $45.24 million penalty.
[42] In 2021, the group launched a $250-million foodtech fund with PeakBridge VC[43] and the Fund-Human Capital focused on companies with the best employee management practices.
[44] Yves Perrier joined the company's board[45] and François Pauly replaced Vincent Taupin as CEO of the group.
[46] Edmond de Rothschild partnered with the UK-based wealth management firm Hottinger Group and acquired a 42.5% stake in the latter.