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.
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...
Preserving cultural legacy: Family office dynamics in the Middle East
Family businesses now face a vastly different marketplace than their founders, and questions around legacy often arise.
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.
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...
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...
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...
India’s Playbook Partners close to striking deals with UAE, Saudi institutional investors, large family offices for $250mn fund – Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More
The initial target of $250 million corpus for the fund could go up several notches if the institutional investors from...
Norton Rose Fulbright adds family office pro Gabby Lyons as corporate partner in Dallas
Gabby Lyons – Norton Rose Fulbright Gabby Lyons – Norton Rose Fulbright Dallas, TX, Sept. 17, 2024 (GLOBE NEWSWIRE) —...
US family office backs single-asset deal on single-asset fund
Council Ring Capital, a single-family office founded by the Mills family, led the deal with Finnish GP DevCo in a...
Clariant sells Frankfurt industrial park to family office
Lugman Group has bought the 428,000 sq m property for €95m
Andrew Haggar launches family office advisory Famille Capital
The ex-NAB exec and former Tattarang boss has recruited former RBA deputy governor Guy Debelle and Macquarie dealmaker Alex Nikov...
Wealth Management Institute: Boosting Capabilities for Strategic Investing for Family Offices
SINGAPORE – Media OutReach Newswire – 17 September 2024 – The Wealth Management Institute (WMI) announced the launch of the...
Dubai royal’s delayed venture casts cloud over Hong Kong’s push to lure the super-rich
A Dubai royal’s high-profile plan to open a S$674 million (US$500 million) family office in Hong Kong was suddenly delayed....
Family offices pave way for Oliver Curtis’ redemption
Venture capital funding, you see, is for plebs without family wealth.
Upcoming Survey Explores Family Offices’ Compensation
Having explored family offices’ broad trends and projections earlier in 2024, the consultancy is going into more detail about what...
Luhut Attracts Ray Dalio and Porsche Family to Establish Family Offices in Bali
Senior Minister Luhut met with Ray Dalio of Bridgewater and the Porsche family to discuss plans for family offices in...
HK, SG family office boom fuels demand for exclusive deals, investment services | Family Offices
Hong Kong and Singapore, home to about 15% of the world’s single family offices, are throwing up new opportunities for...
Arch Debuts AI Tool For Family Offices Swimming In Private Investments
The software company that organizes documents and streamlines workflows has entered a new business phase.
Creating the Family Office Framework: Three Keys to RIA Success
Clients increasingly expect white-glove concierge services from their advisors.
Field to Family encourages community members to eat and shop local
To increase access to education around local food, a nonprofit organization has launched a pilot program bringing a wide variety...
Singapore’s wealth management sector growing, as single family offices balloon to 1,650
MAS will continue to focus on providing a conducive environment for legitimate wealth and family offices. Read more at straitstimes.com.
Meet the enigmatic manager who oversees Larry Page’s Google fortune
In 2014, a New York developer was in negotiations to buy two pristine islands in the Caribbean, a mile north...
Singapore’s single-family office tally climbs to 1,650
Deputy chairman of MAS and transport minister Chee Hong Tat share the latest figures, indicating continued growth despite lingering concerns...
Funds pour Into South-east Asia as rate cut cycle gets underway
Global funds are snapping up South-east Asian stocks, bonds and currencies. Read more at straitstimes.com.
Deutsche’s Rocchi ‘not into loss leaders’ on family office business
Private banks need to ensure family offices clients are profitable and not just sat in cash, says Deutsche’s head of...
United States Family Office Market By Application
The United States Family Office Market by Application focuses on the various services and investment strategies employed by family offices....
Experimentalness: Is This The Key To Family Office Innovation Across Generations?
Family offices can build a legacy of collaboration, innovation, and shared leadership by breaking down silos, using technology, and creating...
Hong Kong campaign to woo family offices gathers steam, summit attendance shows
Summit draws 150 attendees as city continues effort to build talent ecosystem and cement status as Asia’s family-office hub.
Centricity Secured USD 20 Million in Funding Round led by Lightspeed
The startup Centricity, a company focused on technology-driven wealth management, has secured a seed funding round of USD 20 million....
Former CS Manager Joins One of Switzerland’s Family Offices
The Finad Group is expanding and refreshing its leadership team. With this move, one of the oldest independent Swiss family...
Zurich family office names ex-Credit Suisse exec as client chief
Jan Hüsler joins the executive board at Finad, which offers independent asset management and family office services.
UAE: PGIM opens Abu Dhabi office, joining money managers’ rush to capital
Asset managers, banks and family offices have increased their presence in the UAE in recent years, driven by a post-pandemic...
PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital
PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on...
Family offices poised to outgrow hedge funds
Family offices are gaining presence in the wealth management landscape, with assets projected to overtake hedge funds by 2030. This...
Upcoming Survey To Delve Into Family Offices’ Compensation
Having explored family offices’ broad trends and projections earlier in 2024, the consultancy is going into more detail about what...
Investors increasingly spreading their wealth amid global uncertainties: HSBC
The next generation of business leaders are doing the same for firms’ operations for a sustainable future. Read more at...
Opportunities for S’pore as family offices look to hire outside talent amid wealth transfer to heirs
They are hiring from the financial services, consulting and accounting sectors, says the report. Read more at straitstimes.com.
From Sands to Skylines: Dubai’s Rise as a Global Epicenter for Entrepreneurship
As we explore Dubai’s progress, we will shine a light on the strategic governmental initiatives that have shaped its entrepreneurial...
Rise Of Family Offices: Trillion-Dollar Shadows In Global Finance
Family offices are quietly running the world. You won’t hear about them as much, but their moves can be silently...
Hong Kong to grow family office businesses for philanthropy: John Lee
City can provide philanthropists with wealth management tools and channel their resources into initiatives, Lee adds.
Family Offices to reach $8 trillion by 2030, Asia-Pacific leads growth
There are more than 8,000 family offices in the world today, with that figure set to grow by 75% by...
Oaktree Capital opens new office in Zurich
The Swiss office will focus on marketing and business development within the region.
Family offices becoming bigger, better, more independent: Deloitte Private
Family offices are set to manage more than $5.4 trillion come 2030 – but how (and where) they manage it...
Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030
The number of single-family offices is expected to rise from 8,000 to 10,720 by 2030, according to Deloitte Private.
Deloitte: APAC to Lead in Family Office Growth
Asia Pacific is forecasted to be the leading region worldwide in terms of family office growth in the coming years,...
The Family Office Insights Series
The family office landscape is evolving rapidly, driven by new wealth dynamics and global expansion. This edition of the Family...
Asia Pacific on track to become fastest growing region for family offices, says Deloitte
Single-family offices in the region are expected to grow by 40% to 3,200 over the next six years.
Ultra-rich families set to control $12 trillion by 2030
Family offices are set to rival hedge funds as the wealth gap widens. Read more at straitstimes.com.
Family office wealth set to hit $9.5 trillion by 2023 amid global ‘explosion’
Deloitte Private’s in-depth study into the global family office sector found a drive to increase professionalism and expand internationally.
Australian fintech Marmalade registers UK entity
Marmalade, an Australian fintech that provides flexible invoice payments to businesses, has registered in the UK, signalling an expansion.
Asia-Pacific set to outpace all regions in family office set-ups by 2030, Deloitte says
The number of family offices and the amount of wealth they manage are expected to surge over the next six...
Singapore poll: South-east Asia’s uber rich fear family feuds most, succession planning is the new priority
SINGAPORE, Sept 4 — A recent poll reveals that ultra-wealthy individuals in South-east Asia are more concerned about potential family...
The Sky is the Limit for Family Offices
A Deloitte report forecasts assets under management increasing by almost three-quarters by the end of the 2020s. In pure numbers,...
The Family Office Insights Series – Defining the Family Office Landscape, 2024
The family office landscape is evolving rapidly, driven by new wealth dynamics and global expansion. This edition of the Family...
Asia-Pacific to outpace all regions as family offices expand by 2030: Deloitte
Single family offices in Asia-Pacific could increase by 40 per cent to 3,200 by 2030, outpacing growth in North America...
Deloitte Private’s latest report in its Family Office Insights Series – Global Edition explores the rapid expansion of family offices and offers a vision of the future landscape
Here are an estimated 8,030 single family offices in the world today, up from roughly 6,130 in 2019. This number...
Eton Solutions Launches AI Solution For Family Offices
The US-headquartered business said the solution is a ground-breaker for the world’s family offices industry.
South-east Asia super rich worry more about succession disputes than other regions: Poll
More high net worth individuals are warming up to succession and estate planning post-pandemic.
Cambridge Associates Acquired a Swiss Consultant for More Than Its Alts Expertise
Picking insurance-linked securities, private credit, and hedge funds for pension systems were only part of what attracted Cambridge to SIGLO.
Heritage Family Offices LLP Acquires Shares of 8,327 iShares MSCI EAFE Value ETF (BATS:EFV)
Heritage Family Offices LLP acquired a new stake in iShares MSCI EAFE Value ETF (BATS:EFV – Free Report) in the...
Largest Family-Owned Businesses Use Single-Family Offices over Multi-Family Offices, Family Enterprise USA Survey Finds
Accounting, Administrative, Household Services Rank as Highest Needs
Singapore family offices stay away from Bitcoin ETFs, prefer active bets | Alternatives
Some family offices do not find Bitcoin ETFs a preferred choice of investment, just yet, despite their global growth.
India’s Wealthy Embrace AIFs: A Study on Shifting Investment Preferences
AIFs Likely to Become Preferred Investment Vehicle for Family Offices: Study Family offices in India are anticipated to…
Callan Family Office LLC Acquires New Holdings in The Boeing Company (NYSE:BA)
Callan Family Office LLC bought a new position in The Boeing Company (NYSE:BA – Free Report) in the second quarter,...
The Rise of Family Offices: How Korea’s wealthiest are shaping the securities industry
The Rise of Family Offices: How Korea’s wealthiest are shaping the securities industry
Family-Office War Chests Keep Shrinking. Here’s Where They Put That Capital to Work.
The investment offices of even the largest families are far more nimble than institutions, positioning them to quickly put money...
