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.
Feb
19
Why Family Offices Are Offering $190K+ for Executive Assistants
Family offices are offering high salaries to attract top talent, not just for executive positions but also for administrative roles. In some cases, executive assistants at ultra-wealthy family offices can earn base salaries of up to $190,000, with additional bonuses pushing total compensation even higher. With competition for skilled professionals heating up, family offices are […]
Feb
17
Family Offices Increased Nvidia Bets Before $589 Billion DeepSeek Sell-Off
Investment firms managing the wealth of the ultra-rich ramped up their holdings in Nvidia just before the DeepSeek-driven market rout. Regulatory filings reveal that family offices linked to Sweden’s Rausing dynasty, hedge fund billionaire David Tepper, and prominent Silicon Valley investors increased their stakes in the AI chipmaker during the last quarter of 2024. Longbow […]
Feb
14
Crestbridge Family Office Names New Chairman
Crestbridge Family Office Services has appointed Steve Sokić as its new Chairman, succeeding John Harris, who will remain with the firm in a senior advisory role. Since its establishment in 2013, the independent firm specializing in private client trust and family office services has focused on steady growth. This leadership transition aligns with its long-term […]
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