Tethys, the family office of L’Oréal’s controlling Bettencourt Meyers family, is expanding its investment team following a series of acquisitions in recent years. According to a November 8 Bloomberg report by Angelina Rascouet, the investment vehicle has made two senior appointments: Laure Negiar has joined Tethys as a senior director in its asset management unit, while Julie Hazard has taken over as senior investment director at Tethys Invest.
Negiar, a graduate of HEC Paris and Stanford University, and Hazard's appointments come as the family investment office strengthens its capabilities following an active period of dealmaking.
The developments offer another indication of the investment activity surrounding the family behind L’Oréal, the world's largest cosmetics company.
