Auréa was founded in 2021 and favours investments in businesses focused on new-age beauty, wellness and longevity.
With the support of Carey Olsen, Auréa TBSI LP was established as a Jersey Limited Partnership and as a “non-fund” single asset vehicle.
The Body Shop announced that it was appointing administrators back in February, and the closure of several premises across the British Isles – including in Jersey – followed.
On the Carey Olsen investment funds team advising Auréa Group on the closing of Auréa TBSI LP were partner Christopher Griffin and associates Sally Meggitt-Smith and Anna Richardson.
“It was good that Jersey was able to help Auréa acquire this household name – showing once again that the Jersey Limited Partnership is a fantastically flexible vehicle,” Mr Griffin said.