Philanthropist and businessman Etienne d’Arenberg
Etienne d?Arenberg is Limited Partner of family-owned Swiss private bank Mirabaud and is Head Wealth Management United Kingdom. He hails from one of Europe?s oldest families and is treasurer of the Arenberg Foundation, whose mission is the promotion of the understanding of European history and culture. He is also President of the Menuhin Competition Trust, and Trustee of several Swiss and UK charities. He speaks to LUX about European values, and the evolving perspectives and expectations of the next generation
LUX: Has the nature of philanthropy changed in the last two decades"

Etienne d?Arenberg: Both from my private banking experience at Mirabaud as well as from various circle of donors I belong to, I feel that there is a clear evolution in philanthropic practices. Firstly, there is an increasing involvement in philanthropic areas outside the traditional non-profit sector with growing interest from both governments and companies to partner with individual donors on specific issues. Secondly, and this is probably the consequence of the first point, there is an increasing focus on systemic change and transformative grant-making approaches that achieve greater leverage. Lastly, and this can become challenging for smaller institutions, there is a growing expectation for impact measurement and focus on KPIs. Another trend that I see emerging in large donors? circles ? often business-owning families – is...