CIO of Family Office Investing Chanel Fortune to Step Down

The chief investment officer of Mousse Partners, which manages the wealth of the family behind luxury brand Chanel, is stepping down after about a decade at the firm.

Suzi Kwon Cohen will leave New York-based Mousse in June, according to a note she sent to industry contacts. A representative for Mousse declined to comment, while Cohen didn’t respond to a request for comment.

Mousse, one of the world’s largest and most discreet family offices, manages more than $10 billion, according to a person with knowledge of the matter, who asked not to be identified since the information is private. ...