WWD's lead story today reveals that TSM Capital, an offshoot of Marvin Traub Associates, has invested in London-based Matthew Williamson, having raised funds from a silent investor. The deal gives TSM a 22% stake of Williamson's business. Last year, Williamson took on investment from Baugur Group, where Aslaug Magnusdottir, now one of the key individuals behind TSM, was responsible for venture investments, like the one in Williamson.
The investments will focus on early stage businesses in fashion apparel and accessories. Traub described to WWD the market gap that TSM is aiming to fill:
"Over time, we frequently saw many great companies whom we thought were talented, and who could use funding. But if you're trying to raise a range of $5 million to $25 million, it's much more diffi cult than if you need to raise $50 million or $100 million."
Despite some market uncertainty, it seems there is still interest in fashion investing, even if it is at the riskier end of the investment spectrum.
Photoclip courtesy of nymag.com