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.
May
07
Startups digitising micro-businesses sense new opportunity as COVID-19 makes door-to-door collections risky
SpiderG and Paperking are trying to digitise collection systems for newspaper vendors, small gyms, coaching classes and many others.
May
07
Institutional Pullback Presents Family Office Opportunities
Like private equity fund preoccupation with portfolio companies and corporate attention to balance sheets, family offices are currently distracted by their families' safety and overall investment portfolios.
May
06
Samsung heir apologises over succession, labour controversy
Samsung heir Jay Y Lee, embroiled in a bribery scandal, on Wednesday apologised over controversial succession plans and said he will not hand over management rights to his children at the family-controlled conglomerate.
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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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