There’s now an actual hedge fund dedicated entirely to Hermès bags — yes, Birkins and Kellys.
Backed by Christie’s, this fund lets investors buy into rare Hermès pieces the same way they would invest in gold or fine art.
And the numbers? They’re wild.
* Round 1: Raised $1M, with a 43-day turnaround and 34% ROI.
* Round 2: Demand was so high, they doubled it — $2M raised, entirely through private word-of-mouth.
A year ago, I mentioned that Birkins and Kellys perform almost like gold — sometimes better — and this fund is a direct reflection of that reality.
For anyone unfamiliar:
You cannot simply walk into a Hermès store and buy a Birkin.
You either get extremely lucky with a special appointment or you spend approximately ₹20–25 lakhs on other categories before you’re even considered for a quota bag.
So what does this new hedge fund really mean?
* Are Hermès bags officially crossing over from “luxury purchase” to mainstream investment asset?
* Will investors now weigh ROI the same way collectors weigh craftsmanship?
* And more interestingly… will the new investors in Hermès be men, women, or both?
The luxury market is shifting faster than ever — and this is just the beginning.