Billionaire Valencia Boss Taps LVMH Dealmaker for Europe Push

Singapore's billionaire Peter Lim, a former stockbroker, made his fortune through holdings in palm oil producers and a chain of Manchester United cafes in Asia.

Photographer: Roslan Rahman/AFP via Getty Images

Peter Lim, the Singapore billionaire who owns Spain’s Valencia soccer team, hired Christina Teo from LVMH Moet Hennessy Louis Vuitton SA’s private-equity arm to run a new investment unit, people familiar with the matter said.

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