Keith Breslauer congratulating a wounded British veteran during The Veteran Games

Keith Breslauer is the founder and Managing Director of private equity company Patron Capital, and a trustee and donor to numerous charities including the Royal Marines Charity and the Prince’s Teaching Institute. As part of our ongoing philanthropy series, he speaks to LUX about building bridges between charities and the corporate world, his work with disabled veterans and how philanthropy differs in the US and the UK

Keith Breslauer

LUX: What inspired your interest in philanthropy?
Keith Breslauer: I was brought up to believe that giving what you can is the biggest triumph in life. I took this belief and inspiration from my parents and religion into my career and to help create a platform to give what I can to those who need it, enable others to do the same and make a lasting difference.

LUX: Why did you decide to support the Royal Marines?
Keith Breslauer: I’m from the US where veterans are celebrated on both a public and personal level. However, when I moved to the UK twenty seven years ago, I was disappointed to learn that British war veterans often receive marginal public support. That is why I started ventures that manifested as fundraising for all veterans with a focus on volunteering for the Royal Marines Charity (RMA-TRMC).

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LUX: What led you to create Patron Capital?
Keith Breslauer: Lehman Brothers allowed me to come to Europe and work on distressed assets, which was a niche sector of real estate at the time. I loved being in the UK – everyone said ‘Breslauer is a New Yorker, he’ll never stay’ – but I love that on a typical Friday night (pre-Covid) I have five-plus cultures and languages at my table. So, when Lehman Brothers asked me to go back to New York, I decided to stay and took the leap to start our business with a great team of partners and the rest is history.

Keith with Royal Marines and a team from the Royal Navy on a riverbank during their re-creation of Operation Frankton, which was sponsored by Patron

LUX: What are the principle benefits of a business involving itself in charity?
Keith Breslauer: We’ve worked hard for Patron Capital to be positioned as a leader of successful commercial business while also available for charitable good – rather than just donating funds. As a team we’ve built the business to be a bridge between charities like the Royal Marines and the corporate world. We can offer them everything from business plans, employment advice, office space, secretarial services, to our business contacts and expertise.

We also utilise our business to give a voice to the extraordinary people we raise money for. In 2017, we established The Greatness Lectures, a forum to inspire, educate and create opportunities through Patron’s extensive business network. Through education, The Greatness Lectures can involve every member of the audience and ensure everyone has a part to play in the Patron value of ‘creating a positive change whenever and wherever required’.

LUX: How does philanthropy differ in the US and the UK?
Keith Breslauer: The key differences between the US and the UK lie in the construct of giving, the perception of philanthropy and the landscape of donors. In the US, it is not just tax-deductible, but also a status symbol for many and there are significant givers across the spectrum. However, while in the UK, it is a tax credit and the dynamic of it being a status symbol is far less prevalent – instead, there is much more grassroots support where individuals across the country might not give a huge amount, but they donate what they can on a regular basis.

Read more: Katrina Aleksa Ryemill on helping women in the arts

LUX: Is there anyone in particular who inspires you philanthropically?
Keith Breslauer: There are so many people, but I will always be inspired by Harvey Krueger, an early boss of mine at Lehman Brothers who is known for being the first banker to bring Israel, really, to the international capital markets. He embodied what it means to me to give as he gave a lot of his time and limited resources but remained focused on the primary objective of how to help those who needed it.

LUX: What feels more rewarding: enabling people to get involved in charity, or simply giving?
Keith Breslauer: I am a big believer in doing more than just giving. If you don’t immerse yourself in the act of charity, then you can only help on a superficial level and you will never understand the satisfaction of knowing what a difference you’ve made. To understand what a charity stands for – getting under the skin of why you’re trying to raise money – you need to endure some sort of hardship to help. You need to get know the people you are helping. At Patron, we encourage employees to take part in fundraising events that help people push their own preconceived limits. For example, in 2019, Patron sponsored Rock2Recovery’s flagship fundraising event – a sponsored climb of Ben Nevis in Scotland – and we were really proud to see an all-female team from Patron join the 140 climbers taking part. In total circa £26,000 was raised for the charity.

Keith (top) with his youngest daughter Samantha on Mont Blanc Massif, and at the summit of Pointe Percée

LUX: How has your religious background influenced your charitable work?
Keith Breslauer: My religious background is incredibly important to my approach to charity and giving – it’s the core of it really. For a start, a principle of the Jewish faith is to give away about 10% of what you earn, and I adhere to this with my time and money. Next, there is the concept of ‘tikkun olam’ which comes from Mishnah, a body of classical rabbinic teachings, and is defined by acts of kindness performed to perfect or repair the world. This is key to how I was raised and how I try to live my life; if you have the ability to make a difference then you should whenever and wherever you can.

LUX: What is the biggest lesson you have learnt in your lifetime?
Keith Breslauer: I have learned so much throughout my life and I am still learning, but one of the biggest lessons that has stayed with me comes from the late Lord Rabbi Sacks, and that is about working hard and seeing the possible where others see the improbable. We can achieve more than we think we can if we try.

Read more: Entrepreneur Wendy Yu on creativity & charity

LUX: How has Covid-19 affected your philanthropic efforts?
Keith Breslauer: In the first few months of lockdown, it was really difficult for everyone as no one knew what the future would hold – everyone suffered. We tried to stick to a routine at Patron and this is why we took the Greatness Lectures, a forum to educate and inspire the Patron team, our friends, and partners, online. This included “Reports from the COVID-19 Frontline” with Dr Seb Vandermolen and Nurse Laura Pinches, who had both been working on adult COVID-19 wards at St Thomas’ and St Bartholomew’s hospitals respectively.

Alongside our efforts to establish The Women In Safe Homes Fund, believed to be the world’s first gender lens property impact investment fund being launched as a solution to the lack of affordable, safe and secure homes across the UK for women and their children, who are experiencing homelessness or who are at risk, I’ve made a personal commitment of £1 million to demonstrate how important this fund really is. We’ve also organised a Greatness Lecture with Chloe McCardel and Jane Jutsum to share different perspectives on domestic violence and providing help and inspiration to its survivors. Chloe is an elite athlete whose love of marathon swimming helped her recover from post-traumatic stress disorder, and she holds the world record for the longest non-stop ocean swim – 124km. Jane Jutsum is Director of Business Development at Solace, a charity that exists to end the harm done through violence against women and girls.

All of our charities have suffered this year; the Royal Marines Charity (RMA-TRMC) alone needs £1.5 million of vital funds. We’re always looking for ways of raising money and connecting those who wish to help with any one of our 30 charities.

LUX: What has been the most surprising discovery in your philanthropic activities?
Keith Breslauer: The most surprising thing for me to discover is the significant impact we can have through the multiplier effect of dedicating both time and money, rather than just one or the other. Our initiatives focus on funding projects and events with the potential to harness a multiplier effect either driving further donations, raising awareness, or helping deserving individuals who have suffered injury, illness or disadvantage achieve personal goals and build self-esteem.

Keith with the in-house climbing wall at Patron Capital

LUX: What are your passions outside of business?
Keith Breslauer: I’m obsessed with mountain sports, especially skiing, and climbing. I even had a climbing wall fitted in our office. When I first moved to the UK, I was introduced to European mountaineering through a trip to Mont Blanc. My wife told me I was only allowed one trip, but I’ve been addicted ever since and have now climbed, notably; Old Man of Hoy, Denali and various summits and routes in the Mont Blanc Massif. I also strive to incorporate social impact into everything and anything I do. And, last but not least, my family – they are everything to me.

LUX: How have you combined those interests with charity work?
Keith Breslauer: My personal philosophy on life and in business is to lead by example. Through working with the Royal Marines Charity (RMA-TRMC), I’ve been able to share this approach undertake challenges with some extraordinary individuals that also raise awareness and funds for those in need. For example, in 2017, we sponsored The Royal Marines’ recreation of Operation Frankton, an 85-mile paddle and a 100-mile run described as the most courageous raid of World War II. This commemorated the 75th anniversary of the legendary feat which was immortalised in the 1955 film ‘The Cockleshell Heroes’ and raised money and awareness for the charity. I joined the team as we retraced the route of 10 commandos who paddled up the Gironde estuary in December 1942 to attack enemy German ships moored at the port of Bordeaux in occupied France, before making the 100-mile journey on foot to rendezvous with the French Resistance in Ruffec. Only two men survived to tell the tale – the others succumbed to hypothermia or were executed by the Germans – but the operation’s significance reportedly led Winston Churchill to say he believed the raid could have shortened the war by six months. For me, our re-enactment was a once-in-a-lifetime experience.

LUX: Should we expect to hear of any upcoming projects?
Keith Breslauer: I’m looking forward to working with disabled veterans as they take on new challenges, including in the near future with a disabled veteran Mark Bower. More generally, we have a range of both adventure projects and practical projects with different charities to drive reach and penetration where charities have lost traditional channels of outreach and fundraising due to the pandemic.

Find out more: patroncapital.com

Les Rives d’Argentière, a hamlet of five-star chalets in the village of Argentière, Chamonix

For centuries, Chamonix has been the prime alpine resort for those seeking adventure luxury travel with a heady mix of challenging skiing, glaciers, designer boutiques and five-star hotels. Digital Editor Millie Walton travels to the lesser known village of Argentière, a twenty minute drive from the main town and home to the valley’s most luxurious collection of chalets, to discover where adventure and luxury meet

That feeling you get when you wake up early on the first day of skiing is, for me at least, the nearest I ever get to the giddy excitement I felt as a child on Christmas morning. It’s a restless, wide-eyed kind of anticipation and on the way to Flégère, one of Chamonix’s most scenic and slightly easier ski areas (although no skiing in Chamonix is exactly easy), the excitement is almost palpable. We’re silent as the driver opens the door and hands us our skis, poles and passes. We’ve been warned that the visibility is bad, which is hard to believe in the valley where it’s sunny and relatively clear, but the warning makes us even more edgy and impatient to begin.

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At the top of the cable car, we’re met with gale force winds that pull us from side to side in a drunken swagger, making the experience of waking in ski boots feel even stranger and more space like. Most of the pistes are closed, the wind howling in our ears, stinging our faces, biting into bare skin. My ski partner looks at me and points warily at a red avalanche sign with one pole, a gesture that’s perfectly timed with the boom of the canon and the thundering rumble of snow. And yet, there’s something especially exhilarating about skiing in extreme conditions, when there’s a sense that you’re on the fringes of real, raw adventure. We push off down the run, carving through thick powder, gathering speed and arrive at the lift, panting, laughing. It’s worth everything for that (and a timely break for vin chaud).

World famous off-piste skiing: Vallée Blanche, Chamonix

Sadly, the mountain is closed after a couple of hours – the weather’s too extreme – and whilst it’s not quite long enough, it’s something, and we return to Les Rives d’Argentière with our cheeks still flushed, snow dripping from our hair. The pretty hamlet of luxury chalets sits snugly in the little village of Argentière, facing south towards Mont Blanc. We’re in the biggest of the four, Chalet Terre which has a capacity of 14, but is by far the cosiest with rustic, tribal inspired furnishings, a log fire, a sleek open plan kitchen (re-stocked daily with drinks and snacks), five en-suite bedrooms, a games room in the basement and a hot tub, sunken into the snow on the terrace.

Read more: Geoffrey Kent on the rise of adventure luxury travel

The chalets also share an underground walkway with a sauna, hammam, fitness suite, massage rooms and cinema, and it means that if you happen to be renting the whole hamlet, you don’t have to trudge through the snow to pay the rest of the group a visit. That afternoon we’re booked in for treatments with Chamonix’s star masseuse Ruth Martin, who uses her fascination with the inter-relationship between psychology and physiology to create a truly bespoke experience that’s as relaxing as it is deeply therapeutic.

The Montenvers Railway winds up the mountain alongside the Mer de Glace to a viewing point at 1913 m

Most people who choose Chamonix over resorts such as St. Moritz or Zermatt, choose it for the extreme sports (the first Winter Olympics were hosted by Chamonix in 1924); the notorious off-piste skiing route Vallée Blanche, the Mer de Glace, Aiguille du Midi (a 3,777m terrace with panoramic views of the surrounding alps), and ‘A Step into the Void’, a glass cage that hangs over 1000m precipice. It’s a ski resort that’s primarily about the sport and not the après, and because of that it tends to attract a slightly more adventurous clientele, who are by no means less deep pocketed – wander through Chamonix town and almost all of the shops are designer or artisan and there’s a multitude of smart restaurants.

The warm, blonde wood interiors of one of Les Rives d’Argentière’s chalets

One evening, we’re treated to a wine tasting menu in the chalet with an excellent and varied wine selection by Le Verre Gourmand, who are renowned suppliers of the top chalets in the alps. The food is not quite as refined as one would expect, and disappointingly doesn’t take advantage of the Alpine ingredients and traditional recipes, which are done so well and with so much elegance in the bistro style restaurants in town, but the service is warm and thoughtful.

Secluded in its own little world of luxury, Les Rives d’Argentière has all the advantages of a five-star resort, with the added allure of privacy and bespoke service that makes a day of adventures slightly less daunting.

lesrivesdargentiere.com