As private wealth continues to rise across Central and Eastern Europe (CEE), affluent families are turning to more sophisticated structures to manage their fortunes. One model increasingly gaining traction is the Single Family Office (SFO)—a private entity created to oversee the financial, personal, and legacy-related affairs of a single wealthy family.
The international family office, Stonehage Fleming has appointed Richard Stride as the head of the family office and Bruce Sinclair as its trustee director at its division in New Jersey.
DRA Family Office announces the creation of DRA Investment Fund I, a $10 million fund which is dedicated to support women business owners in different sectors by granting them access to capital.
One of London's oldest hedge funds, Adelphi Capital is set to convert into a family office after its run of poor performance, which is another sign that equity managers are facing difficulty in managing sharp sell-offs in markets.
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