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Where Billionaire Family Offices Placed Their AI Bets in November
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
Jun
04
Top Hong Kong Tycoon Li Ka-shing Expands Family Office to Singapore
Hong Kong’s wealthiest tycoon Li Ka-shing is expanding his family office to Singapore.
May
28
Kemnay Family Office Explores $1b-plus Secondary Sale
The single family office Kemnay Advisory Services has plans to sell a portfolio of private equity fund stakes that are valued at more than $1 billion.
May
26
DL Holdings Acquires Family Office to Boost Growth in Asset Management
DL Holding Group has announced an investment of $8 million (HK $63 million) to acquire 45 percent equity of its affiliated company, DL Family Office Ltd., as well as 100 percent equity of Emerald Wealth Management Ltd. for $2 million (HK $15.5 million) in cash, totaling $10 million HK $78.5 million).
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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.
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