People

Piëch’s investment office, linked to production of EV sports car, hires high profile Norwegian entrepreneur

The scion of one of Germany/Austria’s most famous family business dynasties has hired an investment specialist for his family office as one of its portfolio companies comes close to commercializing an EV sports car.

AMYP Ventures, the Swiss-based investment group owned by Anton Piëch, a member of the Porsche-Piëch family, majority owners of the Volkswagen Group and Porsche, has hired Chris Rynning as managing partner. 

Norwegian Rynning is a high profile investor, entrepreneur and writer, who’s been associated with numerous startups since he gained an MBA from the University of Chicago and graduated from the Royal Norwegian Air Force Academy. Rynning has a Wikipedia entry and spent nearly 20 years in China involved in various businesses. Rynning also says he is a crypto/AI specialist having published and invested widely in the sector. 

Chris Rynning

Rynning’s hire is likely tied to AMYP’s biggest holding: Piëch Automotive, which is developing electric-powered sports cars including the Piëch GT. Unveiled at the Geneva Motor Show in 2019, the Piëch GT doesn’t go on sale until 2024, but has already attracted advanced purchases, according to its maker. 

Although not marketed as such, some have alluded to the Piëch GT being the successor to the Porsche 911, especially given there is some doubt whether the 911 will ever go electric. That would be some accolades as Anton is also the great-grandson of Ferdinand Porsche, the founder of the Porsche car company. Anton is also the son of Ferdinand Piëch, the former CEO and supervisory board chairman of VW; Ferdinand, who died in 2019, is considered one of the motor industry titans having build VW into the huge automotive business it is today. 

Based in Zug, AMYP Ventures also has investments in Austin, Texas-based Ferry Automotive, an e-commerce platform for electric vehicles, and Zurich-based Carify, a one-stop insurance and maintenance platform for cars.

Subscribe

You will need a Premium Plus Subscription to access this database.

Exclusive news, analysis and research on global family enterprise and private investment offices.

Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises.

Check Deal Data, Senior Staff, and New Analysis on more than 500 family/principal investment and holding groups

Already have an account? Login

Subscribe

You need at least a Premium Subscription to read this article.

The most comprehensive information service on the global family enterprise world, featuring exclusive news, analysis, research and data on global family enterprises, family offices, and private investment offices.

Premium

£299

per year

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
SUBSCRIBE NOW

Premium+

£399

per year

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

SUBSCRIBE NOW

Already have an account? Login

You've reached the end.

Continue reading free articles by registering as a Member.
Or choose a Premium Plan.

Membership

Free

  • Exclusive reports, analysis and commentary
REGISTER NOW

Premium

£299

per year

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
SUBSCRIBE NOW

Premium+

£399

per year

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

SUBSCRIBE NOW

Already have an account? Login

Leave a Reply