Family Office News
Stay up to date with the latest global news and developments in family offices. We track key trends, insights, and updates from family offices around the world, providing timely information on investments, leadership changes, and financial strategies shaping the industry.
2024 Policy Address: Family office policies affirm HK’s wealth management hub status
An analyst said the initiatives will boost investor confidence.
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100K By Year-End
Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100K By Year-End
Keeping it in the family: inside Hong Kong’s booming family office sector
Experts at Deloitte, InvestHK, PwC, accounting firm EY and law firm A&O Shearman on the challenges and opportunities facing single...
Family Office Resource Group Reveals Launch And Equity Investment From 4100FS
The Family Office Resource Group (FORG) officially announced its launch, along with a growth equity investment from 4100FS. FORG provides...
Head of Fidelity-Owned Group of 1,700 Family Offices Departs
Jennifer Richardson, who started working as a consultant for the Forge Community almost a decade ago before becoming its head...
Family offices are reshaping alts investment landscape
Family offices are rapidly emerging as dominant players in the alternatives landscape, even as institutional players grapple with liquidity constraints.
Navigating the AI Frontier in Wealth Management and Fiduciary
Opportunities and challenges for family offices.
Global family businesses promote multistakeholder collaboration
UAE family businesses generate more than 60% of GDP employing over 80% of the workforce.
Preserving cultural legacy: Family office dynamics in the Middle East
Businesses seek new tools to manage generational wealth while upholding values.
Hong Kong policy address: what reforms, fixes for economy will John Lee deliver?
Third policy address of John Lee’s five-year term is considered a make-or-break blueprint.
Exclusive: How E&Ps Yearning Capital can Stand Out to Family Offices
3P Energy Capital’s Founder and Managing Partner Christina Kitchens shares insight on the “educational process” of operators looking at opportunities...
FamilyOfficeHK BrandVoice: Hong Kong’s Rising Appeal Among Middle Eastern Family Offices
Hong Kong’s advantages as a global financial hub and gateway to China’s markets make it an attractive destination for Middle...
AI in Family Offices: Navigating the AI Frontier in Wealth Management and Fiduciary Liability
Artificial intelligence (AI) has made waves across various industries, and wealth management is no exception. AI’s ability to analyze vast...
Colliers | Family offices drive Dubai’s luxury real estate market
Dubai’s real estate sector has witnessed a surge in investment from family offices seeking diversification and long-term returns.
Rockefeller, Middle East tycoons set for Hong Kong’s global family office forum
Standard Chartered to kick off its inaugural global family office forum in Hong Kong as the city enhances its role...
The Human Side of Wealth — 5 Insights I Learned from Ron Diamond
Before Entrepreneur’s workshop with Ron Diamond, learn how he balances legacy with humility, learns from failure, and builds trust-based relationships...
Ticino Family Bank Acquires Family Office
The consolidation in Ticino continues to unfold with another significant chapter. A family-owned bank in Lugano has been expanding rapidly...
Rising From The East: Family Offices Emerging In Central And Eastern Europe
Central and Eastern Europe, long overshadowed by their Western counterparts, are becoming fertile ground for family offices bringing unique needs...
Crow Holdings’ spinoff to be acquired by family office advisory firm
Cresset Asset Management to buy Dallas firm that caters to wealthy families.
UAE stands at the crossroads of global investment
The UAE Ministry of Investment co-hosted Investopia Global – Monaco on Saturday alongside Investopia in Monaco. This exclusive event brought...
US Market: Matter Family Office Attracts Investment From BW Forsyth
Learn about Matter Family Office, a renowned private wealth management firm and multi-family office. Explore their holistic approach and enduring...
Family offices double down on real estate
Despite uncertainty hanging over real estate, the asset class continues to feature prominently in portfolios of wealthy families, with sustainability...
University of Chicago Will Offer First Family-Office Course and Summit in 2025
It was “crystal clear that this was certainly a growing market, that it was underserved… and that there was a...
Family offices: How their focus and approach have evolved with time
Navigating ever-changing markets is nothing new for family offices. From the post-pandemic market recovery and a recession that never materialized,...
Cambridge Associates Names New Head of Investment Strategy Office
Kristen Tongberg is replacing Noel O’Neill, who is joining a family office.
German Family Office Lennertz Eyes $165M for Blockchain Investments
Lennertz & Co, a German multi-family office, is looking to raise $165 million for its third blockchain-focused fund of funds.
Emirates Family Office Association partners with UAE’s flagship university
Strategic partnership to advance research and educate students on Family Offices
Hong Kong launches Family Office Nexus to attract global investment
The Hong Kong Family Office Nexus was officially announced as a strategic partnership between the Financial Services and the Treasury...
GC Bootcamp For Family-held Business: Introduction To Estate Planning, Taxes & Family Offices
Aimed at those who serve as general counsels for family-held businesses, Jason Kohout, co-chair of Foley’s Family Office practice, and...
What dynamic trends and opportunities are reshaping the future of Hong Kong as a vibrant hub for family offices?
Hong Kong is poised to become a leading hub for family offices, driven by robust economic growth, supportive government policies...
Ex-InnoVise exec launches outsourced family office with PE backing
Family Office Resource Group, backed by private equity firm 4100FS, will offer white-labelled family office services to RIAs.
Consuelo Vanderbilt Costin Redefines Creativity in Networking, Family Offices, and Fashion
Consuelo Vanderbilt Costin (Photo Credit: Vital Abigalow @VITAL Photo NYC) NEW YORK, NY, UNITED STATES, October 9, 2024 /EINPresswire.com/ —...
Wealthy Families Shift Focus to Risk Assets, Citi Survey Reveals
A recent survey of over 338 family offices shows that the world’s wealthiest families are increasingly directing their portfolios toward...
Cresset To Acquire CH Investment Partners
Cresset Asset Management today announced its acquisition of CH Investment Partners, a $6.2 billion multi-family office and private investment firm…...
Government teams with Bloomberg to promote city as family office hub
The Hong Kong government and media company Bloomberg will stage events related to family offices.
Hong Kong Launches Family Office Nexus to Attract Global Wealth Management Firms
FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem.
Family Offices Are Investing With Rosy Outlook
Future Returns: A new report, co-produced by RBC and Campden Wealth, details a balanced approach among the wealthiest family offices...
Electric vehicles, flying cars capture family office’s attention
Single family office Click Ventures sees electric vehicles and flying taxis taking off with China leading the charge on regulatory...
Exclusive: Cresset buys $6.2bn Dallas multi-family office CH Investment Partners
The deal will push Chicago-based Cresset to roughly $62bn in assets under management.
FamilyOfficeHK BrandVoice: Hong Kong: Key Link Between Mainland China And The Middle East
Hong Kong stands to benefit from strengthening Sino-Arab ties, drawing family offices and investors from the Middle East.
Latsis family office spends big on Greek motorway concession deal
Greek shipping tycoons make ever bigger bets on their home country’s economy
Family offices turn to external partners
While cost, performance and talent issues are key drivers to outsource investment management, intangible factors may also enter the decision-making...
Why are the world’s wealthiest families flocking to family offices?
As the number of ultra-wealthy people in the world increases, so do family offices.
Some of Latin America’s wealthiest families will be in Miami to discuss investment
During the COVID-19 pandemic, trade ties between Miami and the region weakened and that space in Latin America was occupied...
Setting Up a Family Office in Hong Kong
Hong Kong’s strategic location, strong financial infrastructure, and favorable tax regime make it an ideal destination for family offices.
The top 3 skills you need if you want to land a job in a family office, according to industry recruiters
One family office sought an assistant with an Ivy League education, accounting background, and yacht management skills. The pay: $20,000...
Q3 In Review: Family Office News Roundup 2024
A comprehensive overview of the key family office news and themes in Q3 2024, including wealth management strategies, global financial...
Dunhill Family Office Network to set up in Hong Kong, a boon to city’s wealth hub status
Dunhill Ventures will set up its Family Office Network in Hong Kong, expanding its web of investment vehicles between wealthy...
Insights from the Global Family Office Forum
Discover some of the key trends and themes discussed at an exclusive event for UHNW families and family office leaders.
Insiders say running a Hong Kong family office is a delicate balancing act
‘Emotion stays away from the boardroom. That’s critical,’ says Mahesh Harilela.
Entrust Family Office partners with The Media Manifest for strategic communications
Mumbai: Entrust Family Office, a boutique firm specializing in succession and legacy planning for high-net-worth individuals, has announced a strategic...
Hong Kong has to work harder to maintain family office hub status: official
Hong Kong is set to surpass Switzerland as the top wealth management hub by 2027-28, but must stay competitive, says...
Singapore’s boom in family offices
Tune in to Nikkei Asia’s podcast, bringing the region’s key news to global listeners.
Wealth Management Alliance Adds Managing Partner
Singapore-based multi-family office Wealth Management Alliance has appointed an industry veteran as managing partner.
Executive Exchange: 12 questions with Cameron Harvey | Family Offices
In this edition of our monthly Q&A, we get behind the scenes with the chief executive officer of Landmark Family...
Wilde Wealth Management Group launches W Family Office in Scottsdale
Wilde Wealth Management Group, an award-winning financial services firm with more than $3.6 billion in assets under management, provides comprehensive...
Family Office Networks Relaunches with Peter Apostol as CEO
A Peer-to-Peer Networking and Lifestyle Platform Designed for Family Offices
Family offices offer powerful boost to Abu Dhabi’s economic growth
With significant roles in key sectors such as real estate, construction, retail, and finance, family offices are key drivers of...
Malaysia’s Family Office Incentives: Can It Rival Singapore?
Malaysia introduces family office incentives in the FCSFZ, offering benefits that could compete with Singapore’s established financial hub.
Family office gold rush in Hong Kong
For more than 100 years, Hong Kong has been a leading international hub for family wealth in Asia. Now it...
Ultra-Rich Families Are Nervous About the $84 Trillion Generational Wealth Transfer
An estimated $84 trillion is expected to change hands over the next two decades in what constitutes the largest-ever transfer...
Leadership Building at Family Offices Require a ‘Blueprint,’ says Mack International Founder Linda Mack in New Webcast
Leadership Expert Details How Best to Hire C-Suite Leaders in New Policy and Taxation Group Webcast with Host Pat Soldano....
Dalio, Abu Dhabi Royal’s G42 Said to Shelve Investment Venture
Ray Dalio’s family office and Sheikh Tahnoon bin Zayed Al Nahyan’s artificial intelligence firm G42 have abandoned plans to set...
Northern Trust names new wealth management leaders
The firm expects continued success for its ultra-high-net-worth focus with a freshly appointed global family office head and Western regional...
APAC family offices show preference for direct investments
Asia-Pacific family offices have a greater appetite for direct investments than funds, according to research from Raffles Family Office and...
Manulife Singapore BrandVoice: Keeping Asia’s Wealthy Families On Track And In Harmony
More high-net-worth families in the region are choosing family offices to manage their wealth professionally.
University endowment loses head of investments to family office
Aalto University endowment, which had an AUM of EUR 1.47bn in June 2024, will have to find a new Head...
Singapore’s lure for rich Chinese breeds family office tensions
City-state navigates reputational hazards in race to attract wealth
LaTerra Development Names Ben Grosberg to Spearhead Capital Markets and Investor Relations, Reinforces Strategy to Buy Existing Multi-Family and Self-Storage Assets
Real Estate Investment Executive Well Known to Family Offices, Registered Investment Advisors in US and Australia Joins LaTerra LOS ANGELES,...
OMNIYAT launches The Alba at Monaco Yacht Club
A $1.9bln first mixed-use development managed by Dorchester Collection and designed by Zaha Hadid Architects
Citi Private Bank uncovers family offices top priorities
Navigating Interest Rate Evolution, Asset Preservation and Meeting Family Expectations
Family office space feels the forces of expansion and change
The family office ecosystem is fast becoming a major financial powerhouse, with significant implications for the global economy and society....
Exclusive: InCred Capital to raise $50 Mn led by family offices
InCred Capital, the wealth and institutional arm of the InCred Group, is in advanced discussions to raise $50 million.
Forest City’s family office gambit
Will “ghost town” Forest City and its quest to be the wealth management centre for super-rich families live up to...
It’s Not About ESG: Why Investment Outcomes Matter More Than A Label
The conversation shouldn’t focus solely on the term ‘ESG’ but the real focus should be on the outcomes of investments,...
Banks set to prosper as Hong Kong expands wealth, fintech opportunities
Hong Kong’s efforts to regain its top hub status will prosper lenders as opportunities abound in wealth and fintech sectors...
Asian wealth hubs compete for assets of global tycoons
Singapore is steaming ahead as Asia’s most proficient wealth management centre, but Hong Kong is expected to catch up once...
WRISE Appoints Board Members for MidEast Unit
Singapore-based WRISE has announced the appointment of three new board members for its Middle East unit.
How Citi’s wealthiest clients have been investing
Family offices manage the portfolios of many of the world’s well-off – so I took a look through the report...
Genea Family Office cites life insurance in wealth planning
Genea Family Office has highlighted the role of life insurance in estate and wealth planning. In a recent event it...
India family offices flock to alternative investment funds
Traditionally, foreign institutions used to account for a large share of alternative investment funds — a situation that is gradually...
10 Family Office Trends in 2024
Citi Private Bank posed 50 questions to family offices. Here are some insights that emerged.
American Private Equity Chief’s Family Buys Into York City Football Club
The family office of Bill E Ford, the chief executive officer of private equity firm General Atlantic, has emerged as...
Arthur Hayes’s Family Office Funds Another Bitcoin Core Developer
Arthur Hayes’s family office Maelstrom awarded Bitcoin developer Jon Atack a 1-year grant to work full-time on Bitcoin Core and...
North American family offices navigating looming wealth transfer with ‘cautious optimism’
The coming years will see a significant shift in control within North American family offices as wealth transitions to the...
Can the next generation step up to the challenge of managing family fortunes?
Family offices express concerns as intergenerational wealth transfer approaches
Duquesne Family Office LLC Takes $629,000 Position in Invivyd, Inc. (NASDAQ:IVVD)
Duquesne Family Office LLC acquired a new position in Invivyd, Inc. (NASDAQ:IVVD – Free Report) in the 2nd quarter, according...
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Shares Bought by Duquesne Family Office LLC
Duquesne Family Office LLC raised its position in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL – Free Report) by 47.8%...
Seagate Technology Holdings plc (NASDAQ:STX) is Duquesne Family Office LLC’s 6th Largest Position
Duquesne Family Office LLC increased its stake in Seagate Technology Holdings plc (NASDAQ:STX – Free Report) by 22.0% during the...
Canada Pension Plan Investment Board Grows Holdings in Builders FirstSource, Inc. (NYSE:BLDR)
Canada Pension Plan Investment Board increased its stake in Builders FirstSource, Inc. (NYSE:BLDR – Free Report) by 118.5% in the...
Duquesne Family Office LLC Makes New Investment in Sea Limited (NYSE:SE)
Duquesne Family Office LLC acquired a new stake in Sea Limited (NYSE:SE – Free Report) in the 2nd quarter, according...
Genea Family Office promotes life insurance
Genea Family Office has hosted an event to promote the role of life insurance in estate and wealth planning.
New Interest Rate Environment, Capital Preservation, and Meeting Family Expectations: The Three Priorities of Family Offices
Following the stock market rally in 2023, family offices are shifting their portfolios, reducing cash holdings, and positioning in risk...
Citibank Says Family Office Interest in Crypto Assets Continues To Increase, Especially in One Region
Interest in crypto assets by family offices is on the rise, according to a survey conducted by the fourth largest...
Bridging the Philippines and Hong Kong’s family office industry: A delegate’s journey
As a Filipino delegate to the Hong Kong Academy for Wealth Legacy (HKAWL) Summit for family offices, I was honored...
How Nan Fung is institutionalising its family office | Asset Owners
NF Trinity’s chief operating officer identifies critical functions to keep in-house while outsourcing non-core activities.
North America Family Office Report 2024: Cautious optimism from North American family offices
The North America Family Office Report 2024 highlights a sense of cautious optimism among family offices in North America. The...
Family offices shift outlook from caution to optimism
For family offices, a strong 2024 financial performance and optimistic outlook signal a return to normalcy after several years of...
Asia-Pacific Family Offices Lead the Way in Crypto Investments
Family offices show rising interest in crypto, with Asia-Pacific leading adoption. Clear regulations and real-world use cases drive this trend.
Africa’s richest man plans to establish a family office in Dubai
Africa richest man, Dangote, has announced plans to establish a family office in Dubai, joining the growing number of high-net-worth...
Dubai Attracts Wealthiest Man in Africa, Aliko Dangote, to Set Up Family Office to Diversify Global Investments
Nigerian billionaire Aliko Dangote is establishing a family office in Dubai, joining a growing number of ultra-wealthy individuals who have...
Africa’s richest man, Aliko Dangote, to establish family office in Dubai
Aliko Dangote, Africa’s wealthiest individual, is preparing to open a family office in Dubai, joining a growing number of high-net-worth...
Investec Opens Dubai Office With Eye on South African, UK Expats
Investec Ltd., a bank that focuses on wealthy clients in South Africa and the UK, is opening an office in...
Dangote, Africa’s richest person to open family office in Dubai
Nigerian billionaire Aliko Dangote is setting up a family office in Dubai, joining other high-net worth individuals who have flocked...
Africa’s Richest Person Plans to Open a Family Office in Dubai
Nigerian billionaire Aliko Dangote is setting up a family office in Dubai, joining other high-net worth individuals who have flocked...
As interest rates drop, ultra-rich investors are giving up their cash for risk assets. Here’s what they’re buying.
It’s a shift across certain sectors in stocks, bonds, and derivatives.
Swiss family office backs new venture secondaries vehicle
Opportuna has raised capital from Infinitas Capital and high-net-worth individuals and will focus on tech and climate tech companies.
Family guys focus on the Fed, tech and succession plans
Research from Citi Private Bank shows family offices are starting to behave more like institutional investors, putting cash to work...
Nedlands-based Viburnum launches $300m mining tech fund
Viburnum Private III will be the third fund launched by the firm since 2007 and deployed with a mandate to...
US-based Family Office Believes Polish Pergamin Can Solve a €700M Problem
Polish startup Pergamin, which automates contract management in companies, has closed $3M (€2.7M) investment from a new investor, OnDean.
BGC asset sales raise $800m
Ten years on from the death of its founder, BGC Australia has dramatically slimmed down.
Citi survey reveals family offices doubled down on crypto year-over-year
The number of family offices optimistic with crypto soared from 8% to 17%, with direct exposure being their favored form...
Weekly Digest: SG single family offices hit 1,650; Malaysia offers zero tax to lure family offices | Asset Owners
Singapore attracted 250 new single family offices in 2024; Malaysia offers tax-free incentives to family offices; Telstra and Equip Super...
Family offices bet big on AI – but fail to adopt the technology in-house
Over half of family offices have built exposure to generative artificial intelligence technologies, a Citi Private Bank survey reveals.
Family Office Market Is Booming So Rapidly
Global Family Office market is expected to grow from 30 billion USD in 2023 to 50 billion USD by 2030,...
Forest City
Forest City, the $100 billion project located in the Southern region of Malaysia which is backed by Chinese developer Country...
Cashed up private family offices scaling up above $80m
PRIVATE capital and family offices which have historically operated in the sub-$30 million market are opening their cheque books to...
The Growth And Liquidity Balancing Act: Family Offices In Alternatives
As alternative investments continue to grow, so do the challenges around liquidity. Family offices need creative solutions to navigate the...
Wilde Wealth Management: $400 Million Advisor Drew Kliber Hired To Lead New Family Office Division
Cetera Financial Group announced that Wilde Wealth Management Group, an independent wealth management firm within the Cetera Advisors community, appointed...
What is a Single Family Office and how does it benefit the wealthy families in Malaysia?
KUALA LUMPUR, Sept 20 — Finance Minister II Datuk Seri Amir Hamzah Azizan announced today that the Special Financial Zone...
Lausanne and Laguna: A Tale of Two Family-Office Conferences
A reporter reflects on what was similar, different, and appealing about two events for the wealthiest people and those who...
Free Webinar | October 30: How to Work With Family Offices to Raise Capital, Make Connections and Grow Your Business
Did you know family offices currently have approximately $10 trillion in assets? Join our webinar on 10/30 at 2pm ET...
Roundup: Family offices / FDIC pushback / Plank Road
Bullish outlook: Family offices are the most bullish they’ve been in years, putting their cash to work in stocks and...
Family offices are the most bullish they’ve been in years, survey says
Nearly half of family offices are expecting double-digit returns this year, according to Citi Private Bank’s 2024 Global Family Office...
Fortitude Family Office Wins 2024 WealthManagement.com Industry Award for Private Lending Initiative
Fortitude Family Office, LLC is proud to announce that it won the 2024 WealthManagement.com Industry Award in the Family Offices...
Forest City to offer zero tax rate for family offices, says minister
ISKANDAR PUTERI: Forest City will be the first location in Malaysia to offer a 0% tax rate for family offices,...
Mauritius aims to capture share of family office surge
Family office outfits are looking for new jurisdictions in a less certain and secure world. Recent research shows that family...
Citi targets Swiss family offices with ‘highly beneficial’ PM licence
Laurence Mandrile-Aguirre discusses Swiss coverage of family offices following the publication of Citi’s Global Family Office 2024 Survey.
Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity
Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity,...
Family offices follow big institutions in sophistication push
The investment vehicles of wealthy families are internalising asset management and professionalising their investment teams at a rapid rate, according...
Forrest family office execs open new shop
New corporate advisory firm Famille Capital will hire more staffers to work on deals, investments, advisory, life and legacy.
Private investment office PCH eyes China venture and hedge funds | Family Offices
The firm, which manages assets for a group of wealthy Italian families, is considering how it might increase its exposure...
Family office investment in real estate poised to increase
Family office investment in real estate will continue to increase as rates normalize and repricing becomes clearer, leading to increased...
Citi Private Bank study reveals priorities for family offices
Seven key themes have emerged from the new research.
Asia’s super rich prefer single-family offices to multi-family ones for tighter control of wealth
Smaller single-family offices may seek to consolidate to mitigate higher operating costs. Read more at straitstimes.com.
Family Offices Investors Summit: The $100M Club Bets on Liquid Token, AI, and Gaming in Pivot to Alternative Investments
The Asia-Pacific region is expected to lead global growth in family office wealth, Manana Samuseva, founder of FOIS, told CoinDesk.
Wrise expands in Hong Kong after seeing more rich clients opening family offices
Wrise, a wealth management platform, has expanded in Hong Kong after seeing an increase in rich clients setting up family...
Citi: APAC Family Offices Are Rapidly Professionalizing
Massive wealth generation and the establishment of family offices are relatively new phenomena in Asia. Nonetheless, the region is rapidly...
Norton Rose Adds Family Office Ace From Sidley In Dallas
Norton Rose Fulbright has expanded its Dallas shop with the addition of a former Sidley Austin LLP attorney to its...
Investment Firm Adds MD To Multi-Family Office Team
The firm expanded its Philadelphia multi-family office team with the appointment of a managing director to deepen relationships with private...
The Italian Sea Group expands into African market
The Italian Sea Group (TISG) has announced a new partnership agreement with MYR Family Office, a management firm for ultra-high-net-worth...
Family offices open overseas branches in global rush
The research into the behaviour of family office leadership, conducted by Ocorian, shows over a third have three offices worldwide.
Citi: Apac family offices struggle most with regulation
Coping with regulation is cited as the biggest challenge by almost three times as many family offices in Asia Pacific...
Asia-Pacific family offices show ‘bullishness’ in equities, bonds: Citigroup
Some 68 per cent of respondents in Asia-Pacific raised their allocations to stocks, highest among all regions.
Citi’s Family Office Clients Trim Cash Pile to Make Riskier Bets
Citigroup Inc.’s family office clients are reducing their cash holdings to make investments in riskier asset classes, reflecting their increasingly...
More family offices putting cash in risk assets, with shift to equities strongest in Asia
Asia-Pacific family offices led the way in deploying more to public equity, or publicly traded companies, said a survey. Read...
Family offices could help advisory firms capture ultrarich clients
The complementary offerings of family office and wealth management firms have the potential to capture UHNW wallet share and drive...