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France, Qatar
Sheikha Moza's favourite fund pours millions into Balmain to keep it humming

Since its 2016 purchase of the fashion house founded by Pierre Balmain, the Mayhoola fund, sponsored by the Emir of Qatar's mother, has regularly invested tens of millions of euros in the company. But it remains in the red. [...]
Published on 09.02.2023 at 05:30 GMT

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Spotlight | France, Qatar
The Mayhoola fund and its royal backer fight for success with bottomless budget and trips to court

Actively backed by Sheikha Moza, the Emir of Qatar's mother, the Mayhoola for Investments fund is known for highly aggressive methods at odds with the hushed world of fashion. For four years, Mayhoola has been waging a legal campaign against the Taiwanese businesswoman Shaw-Lan Wang, accusing her of breaking a promise to sell it Lanvin.

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Rachid Mohamed Rachid, chairman of the Qatari fund Mayhoola for Investments, and Sheikha Moza bint Nasser Al-Missned, mother of the current Emir of Qatar.

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