Family Office for $90 Billion Chanel Fortune Hires UAE Fund Boss

David Yang, a former executive for the United Arab Emirates’ biggest sovereign wealth fund, has joined the multibillion-dollar investment firm for the dynasty behind luxury fashion house Chanel.

Yang, former head of private equity for China at the Abu Dhabi Investment Authority, holds a similar role in Hong Kong at family office Mousse Partners, according to registry filings. He left the UAE firm earlier this year, according to his LinkedIn profile.

A representative for New York-based Mousse Partners declined to comment. A representative for the Abu Dhabi Investment Authority didn’t respond to a request for comment.

Read More: Why ...