Shakes Tag

PARIS — French investment firm Experienced Capital is shaking up its leadership. Frédéric Biousse and Elie Kouby, who cofounded the corporate in 2016 with fellow ex-SMCP (Sandro, Maje and Claudie Pierlot) executive Emmanuel Pradère, have relinquished their operational roles within the firm, effective Nov. 13, ECP said on Wednesday. Because it gears up for its next fundraising round next 12 months, Experienced Capital might be managed by Pradère, president of the corporate since 2019, and team members Alban Gérard, partner since 2021; Amélie Gosselin-Furno, who has been appointed partner as a part of the restructuring, and Virginie Birade, director. Biousse and Kouby will regularly sell their shares within the management company to the team over the following two years, Pradère told WWD. They...