By
with contributions from Alex Wynne, Jennifer Weil
 on March 21, 2019

Copycats might be the scourge of fashion, but a little unwanted attention helped Remo Ruffini and Eurazeo, his now-former private equity partner in Moncler, rake in billions.

After eight years, Eurazeo said it has exited the last of its stake in the luxury outerwear brand, selling 4.8 percent of the company for 445 million euros. That’s more money than Eurazeo and its co-investors paid for 45 percent of the company in 2011, making for one of the most successful private equity investments in fashion in recent memory.

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