Family Office
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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.
May
05
Ultra-rich families with cash to spare piling into private debt
The London-based real estate adviser to a billionaire family from the Middle East is lining up deals of as much as £5 million (S$8.8 million) for UK residential developments and more than double that amount alongside other investors for bigger properties, such as hotels or offices.
May
04
Techstars Introduces Accelerator to Address Present Labor Market Challenges
echstars, the global platform for innovation and investment, today announced the launch of the Techstars Workforce Development Accelerator. Amid the global coronavirus pandemic impact, with the potential of nearly 200 million global job losses according to the International Labour Organization (ILO), the mentorship-driven accelerator will work with startups addressing the challenges of the current labor market through innovative technologies, business models and solutions.
May
04
Rich Asian families take defensive approach to conserve wealth as coronavirus outbreak wreaks economic havoc
The reluctance among some of Asia’s wealthiest families to rush for deals is potentially a warning sign for the global economy. However, some are still keen to invest, especially family offices in China where the economy is reopening
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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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