Family Office

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Rockefeller Capital draws new investment from Chanel family office and others

Rockefeller Capital Management — the modern successor to John D. Rockefeller’s historic family office — has attracted fresh investment from some of the world’s wealthiest families, according to CNBC.

Feb 07
Alp Ercil to Close $3 Billion Hedge Fund, Transitioning to Family Office

Veteran investor Alp Ercil is shutting down his $3 billion hedge fund, marking the end of a successful 14-year run, as he shifts his firm’s focus to managing family wealth. According to a source familiar with the decision, Ercil is winding down Asia Research & Capital Management Ltd. (ARCM) for personal reasons and has been […]

Feb 03
Billionaire Family Offices Start 2025 with AI and Healthcare Investments

Wealthy families are ramping up their private investment activity, increasingly backing startups or acquiring companies through their family offices. According to Fintrx, single-family offices executed at least 24 such deals in January alone. Luxury Empire to Security ServicesBernard Arnault, Europe’s wealthiest individual, built his fortune through luxury brands like Louis Vuitton and Moët & Chandon. […]

Jan 31
Pitcairn Family Office Expands with $2.5B Acquisition, Launches New RIA

Pitcairn, a long-established multi-family office based in Conshohocken, Pennsylvania, has completed its first-ever acquisition, purchasing Brightside Partners, a Baltimore-based RIA specializing in ultra-high-net-worth clients. Brightside, led by partners Pace Kessenich, Ryan Pollard, and Justin Bakewell, oversees approximately $2.5 billion in client assets, primarily in non-discretionary advisory services. With this deal, Pitcairn’s total assets under advisement […]

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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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