I/ Identity
Pierre-Marie Giet
Edhec Class and programme: GE 2010 and MSc RAM.
II/ Business venture
. Definition of the product, the market and the target: investment funds in wine, mainly Bordeaux and Burgundy grands crus.
. Size of team (including number of Edhec): 2 (including 1 Edhec)
. Capital raised or to be raised: legally EUR 1.25m in 12 months, target EUR 5 to 6m in the same timeframe.
. Originality of venture: few competitors, niche market, tangible and fascinating assets compared to alternative assets proposed on the market to date, and extremely lucrative.
. Growth prospects: 10 to 12% per year.
III/ What would you like from the Edhec network?
To find an Investment Manager (over 30 years old) who is a wine enthusiast and with significant experience in Asset Management, in order to work on getting the approval of the local regulating body (the CSSF, in Luxembourg) and to find a partner with more experience in asset management.