Family Office
NEWS
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.
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
Investment Management Firm CI Financial Corp has acquired Northwood, a privately-owned boutique family office in Canada.
Provident Financial Management, a business management firm and multi-family office with offices in Woodland Hills, Santa Monica, and San Francisco, has entered into a joint partnership with Los Angeles-based tax, accounting, and business management practice London & Co. LLP. The new firm will be called Provident Financial Management and will close their transactions simultaneously this year.
Glasgow-based private equity firm, Maven Capital Partners has sold its stake to UK private equity firm Livingbridge. Their exit has provided them with a gain of 6.5x returns for Maven’s venture capital trust shareholders, which includes a retained minority holding in the business. Since the Maven’s VCT’s shareholders first invested in in Quorum in 2020, […]
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