Charitable Action

The principal charity supported by OLMA is the British-Russian charity Downside Up, which is focused on providing support to families raising children with Down syndrome. This charity was set up by OLMA Senior Partner Jeremy Barnes in 1997 and he continues to play a key role as one of the charity’s trustees.

Downside Up takes the lead in delivering early intervention psychological, pedagogical and social services to children with Down syndrome. Downside Up programmes make up for shortfalls in the public early intervention system as well as in social care and educational services for children with Down syndrome and their families in Russia.

Out of the close relationship with this charity, and the decision of the trustees of Downside Up to entrust to OLMA the management of the charity’s investment portfolio, has come the recent launch by OLMA of a philanthropic fund. OLMA’s target is to reinforce its actions in favour of Downside Up by among others recruiting new benefactors from the public and private sectors.

Olma Team

Covid-19 pandemic solidarity and generosity actions from our portfolio companies

OLMA Luxury Holdings portfolio companies joined the effort form actors at the forefront of fight against the Covid-19 pandemic

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Mount Damavand Expedition

In 2016, the OLMA team raised funds for the Downside Up charity through an expedition to climb Mount Damavand, the highest summit in the Middle East.

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Mount Kilimanjaro Expedition

In 2015, the OLMA team raised funds for the Downside Up charity through an expedition to climb Mount Kilimanjaro, the highest summit in Africa.

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