Swiss Chocolate Dynasty Doubles Down On Private Equity (1)

The dynasty which has amassed one of the biggest fortunes among Swiss chocolate makers is combining two of its investment firms to boost private-equity style investments.

A namesake fund for the heirs of Barry Callebaut AG founder Klaus Johann Jacobsis combining with another of the family’s investment vehicles, Telemos Capital, and forming a new entity, according to a statement on Tuesday.

The merged firm, Jacobs Capital, will be led by former Telemos Chief Executive Officer Jacob Polny, a private equity veteran who earlier worked at alternative-asset manager TPG Capital. It plans to pursue a strategy of active ...