Acqua makes a decent return on its investments, though it won't specify just how much.
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Acqua was created by former HSBC executives who ran a financing group in Toronto.
"Edouard Flechier, " he stated, referring to the creator of scents such as Poison and Acqua di Gio.
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The Acqua Calda Spa has a hamman and nine rooms for treatments including massage, dry float therapy and lymphatic drainage.
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The book is long on trivia (Mr Macedo confides that his favourite cologne is Acqua di Parma and discusses his large collection of Italian silk ties).
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That would be more credible if groups like Acqua Wellington, the grandaddy of equity-line firms that has since spawned a dozen others, took positions of over 5% in their clients.
Acqua now uses one.
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