Since hotelier Tobias Zurbriggen can remember, the business
of running Saas-Fee has been a local affair. Now, the Swiss ski resort
neighboring the Matterhorn is feeling the heat from a New York-based financier, Bloomberg reports.
Edmond Offermann, a nuclear scientist turned millionaire
working for hedge fund Renaissance Technologies LLC, invested 15 million Swiss
francs ($16.4 million) in 2010 to revive Saas- Fee’s struggling ski-lift
company.
“It’s like a hobby, which completely got out of control,”
Offermann, 53, said in an interview from Long Island, New York. He wants to
shake things up by managing hotels and the ski-lift operator in one company
controlled by a single CEO….
No comments:
Post a Comment