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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.
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
NewEdge Wealth LLC, an investment firm specializing in high-net-worth asset management, family office, and institutional financial services, has appointed Rick Hollmann as the Managing Director and Head of Advisory Solutions as a part of their investment management strategy for ultra-high-net-worth clients.
North Sixth Group LLC, a New York-based family office, has acquired a significant stake in Italy’s Serie B contender Ascoli Calcio, a team based in the Marche region in central-eastern Italy. This is in line with the increasing interest of North American investors in the Italian soccer market as part of their diversified marketing campaigns which has grown from 0 to 11 within this decade.
Vahdam India, a native Indian wellness brand that specializes in taking natural Indian products like teas, spices, and superfoods to markets like US, Canada, and Europe, has managed to raise approximately Rs 174 crore in its Series D round.
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