Reinet Fund is also managed by a dedicated management company – Reinet Fund Manager SA.  In performing its duties, Reinet Fund Manager SA draws on advice and expertise from Reinet Investment Advisors Limited.

Reinet Fund is managed by Reinet Fund Manager SA, a société anonyme (limited company) incorporated in Luxembourg.  Reinet Fund Manager has broad powers to carry out all management and administrative functions in compliance with the corporate objects of Reinet Fund.  In particular, Reinet Fund Manager is responsible for determining the investment policies and restrictions of Reinet Fund in order to meet Reinet Fund’s investment objective and for the conduct of Reinet Fund’s management and business affairs.  The board of directors of Reinet Fund Manager is responsible for the management of Reinet Fund and is bound to act in the best interests of Reinet Fund.  Reinet Fund Manager is ultimately controlled by Rupert family interests.

The members of the board of directors of Reinet Fund Manager are set out below:

Chairman of the Board of Reinet Investments Manager SA
South African, born 1950

Mr. Rupert founded Richemont in 1988 and was appointed to the board of directors of Compagnie Financière Richemont SA in that year and has served as Executive Chairman since 2002.  He is Non-Executive Chairman of Remgro Limited and VenFin Limited.  Mr. Rupert is also the Managing Partner of Compagnie Financière Rupert.  He founded Rand Merchant Bank in 1979 after working for Chase Manhattan Bank and Lazard Frères in New York and has had an extensive career in international business, banking and finance.

Chief Executive Officer
South African, born 1951

Mr. Schwenke was Managing Director of Business Partners Limited, a South-African venture capital investor, until 2008, having previously held various positions with them from 1984.  He has also worked for the Anglo American Group for 10 years with companies including Timbrik, SA Forest Investments and Bruply Limited and has managed his own businesses.  Mr. Schwenke was the founding Chairman of the South African Venture Capital and Private Equity Association (SAVCA). 
Mr. Schwenke qualified as a chartered accountant in 1975.

Chief Financial Officer
British, born 1952

Mr. Grieve was appointed to the board of directors of Richemont SA (the predecessor company to Reinet Investments SCA) in 2004.  Prior to joining Richemont’s predecessor companies in 1986, he worked in the accountancy profession with PricewaterhouseCoopers and Ernst & Young.  He served as Company Secretary of Richemont from 1988 until 2004.  He is a director of various subsidiary companies of the Remgro Limited and VenFin Limited groups and is a founding member of the Laureus Sport for Good Global Foundation

Joshua Malherbe

South African, born 1955

Mr Malherbe has been with VenFin Limited in Stellenbosch, South Africa since its incorporation in 2000.  He held the position of Chief Executive Officer until May 2006 at which time he was appointed as Deputy Chairman. Mr Malherbe qualified as a Chartered Accountant in South Africa in 1984 having commenced his career with the predecessor firm to PricewaterhouseCoopers.  He then joined the Corporate Finance Department of Rand Merchant Bank in 1985 and was a General Manager of the Bank before he moved to Rembrandt Group Limited in 1990, also being involved with Richemont at that time. He was appointed as Director - Investments of Rembrandt in 1993 and served in this position until the formation of VenFin. He serves as a Director on boards of a number of companies, including Dimension Data Holdings PLC, Sabido Investments (Pty) Limited (the holding company of e.tv) and Remgro Limited.

Dr Frederick Mostert

South African, born 1959 

Dr Mostert holds a masters degree from Columbia University School of Law in New York City and a doctorate from the University of Johannesburg. He is a member of the New York Bar, a solicitor of England and Wales, and practised corporate law at Shearman and Sterling and international intellectual property law at Fross, Zelnick, Lehrman & Zissu in New York. He joined Richemont in 1990. Dr Mostert is a past President of the International Trademark Association, serves on the Advisory Council of the McCarthy Center for Intellectual Property and Technology Law, is a guest professor at Peking University and a Fellow of the London School of Economics. He is a Director of Freedom Under Law, Laureus World Sports Awards Limited, Walpole, Bespoke Innovations Sàrl and Columbus VC SA, a subsidiary of Reinet.

Chief Investment Officer
Swiss, born 1950

Mr. Nauer has many years of experience in banking and international business, having worked with the Cantonal Bank of Zug, Merrill Lynch and the Metro organisation in Switzerland, Canada and Germany.  Since joining Richemont’s predecessor companies in 1981, he has held various positions in accounting and finance.  He was Group Treasurer for Richemont in Zug and for its subsidiary, Vendome Luxury Group, in Luxembourg.  He has been a director of various subsidiary companies within Richemont.