Manzanita Capital
London-based beauty-sector investor founded in 2001 by ex-Gap executive Bill Fisher; backs luxury and premium niche brands with patient family capital.
USEFUL FOR Founders · Business owners seeking a long-term partner · Co-investors
Family & background
- HEADQUARTERS
- London, United Kingdom
- FOUNDED
- 2001
Investment approach
- SECTORS
- Consumer & E-commerce
- GEOGRAPHY
- North AmericaUnited KingdomEuropeAsia-Pacific
- STAGES
- SeedSeries AGrowth
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsVenture capital
Overview
Manzanita Capital was started in 2001 by Bill Fisher, former founder and president of Gap Inc.'s international division, and operates from London as Manzanita Capital UK LLP. It invests in luxury and premium niche beauty brands with a long-term horizon backed by family capital, taking board-level roles; holdings include Diptyque (since 2005), D.S. & Durga, Malin+Goetz, Space NK and Susanne Kaufmann. It also makes first- or second-round venture investments in beauty start-ups, and its prior investments Byredo, Eve Lom and Kevyn Aucoin were sold to Puig, Yatsen and Harmay.
Investment thesis
Luxury and premium niche beauty brands and platforms with strong growth potential, exceptional products and founder-led teams, across the US, UK, Europe and Asia; early-stage venture rounds in companies that could disrupt the beauty industry.
Holdings & investments (14)
- Consumer & E-commerce · since 2005
- Consumer & E-commerce
- Consumer & E-commerce
- Consumer & E-commerce
- Consumer & E-commerce
- Consumer & E-commerce · Acquired
- Consumer & E-commerce · Acquired
- Consumer & E-commerce · Acquired
- GlossierConsumer & E-commerce
- UnboundConsumer & E-commerce
- A-FrameConsumer & E-commerce
- SuperOrdinaryConsumer & E-commerce
- Sam McKnightConsumer & E-commerce
- Cult BeautyConsumer & E-commerce · Acquired
People
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
Manzanita Capital is a single family office based in London, the United Kingdom, founded in 2001.
Manzanita Capital invests directly in companies. Its stated asset mix includes direct investments and venture capital.
Manzanita Capital invests at Seed, Series A and Growth stages in Consumer & E-commerce.
Key people at Manzanita Capital include William S. (Bill) Fisher (CEO and Founder), Fabienne Mauny (Team member (former CEO of Diptyque)), Andras Szirtes (Team member) and Paula Levitan (Team member).
Manzanita Capital's holdings and investments include Diptyque, D.S. & Durga, Malin+Goetz, Space NK, Susanne Kaufmann, Byredo, Eve Lom and Kevyn Aucoin, among others.