Caroline Brown Joins Closed Loop Partners as Managing Director

Caroline Brown has been named managing director of Closed Loop Partners. She begins April 22, which is Earth Day. The investment firm, based in New York, is comprised of a private equity, venture capital and credit fund as well as an advisory services business focused on building the circular economy. In this role, Brown will lead the industry practice for fashion and beauty across all investment platforms for the firm. A highly regarded fashion executive, Brown has helmed several designer companies throughout her career.  Most recently, Brown was chief executive officer of Donna Karan International, a role she held for two years. She resigned that post in in 2016, following the sale of the company to G-III Apparel Group from LVMH Moet Hennessy Louis Vuitton. During her tenure at DKI, Brown oversaw the departure of founder and chief designer Donna Karan and the hiring of Maxwell Osborne and Dao-Yi Chow of Public School to design DKNY.  They replaced Jane Chung, executive vice president of design at DKNY. At the time, DKI didn’t hire a successor for Karan, and the company suspended the Donna Karan Collection’s runways shows and collections. Earlier in her career, Brown was president of Carolina Herrera for four years and before that

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