Pictet Alternative Advisors, the alternative investment business of Pictet Group, has made its first investment through its new direct private equity team, acquiring a controlling interest in facilities manager Pareto FM.
The team, led by Edmund Buckley, head of direct private equity at Pictet, invested in the ESG-driven provider of technical and facilities services to the built environment.
Founded in 2014 by Andrew Hulbert and headquartered in the UK, Pareto offers ope...