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.

Jun 17
Oyo Seeks to Raise $120 Million from Family Offices, Slashing Valuation to $2.5 Billion

SoftBank-backed Oyo is in talks to raise Rs 1,000 crore ($120 million), primarily from family offices of stock market experts and Indian corporate executives, according to the Economic Times. This fundraising will reduce the company’s valuation to $2.5 billion, down from $10 billion in 2019. Notable participants include Anand Jain, former Reliance Industries executive; Ramesh […]

Jun 14
Bank of Singapore Names Ex-Citi Executive to Head Family Office and Structuring Unit

The team, formerly with BNP Paribas/Bank of the West, includes 10 seasoned professionals from across the US.

Jun 12
The Challenge of Fake Family Offices in Asia

Family offices in Asia, traditionally seen as bastions of privacy and wealth management, are now facing a peculiar and growing issue: imposters. These fake or exaggerated peers are emerging within the ultra-wealthy circles, often with little to no substance behind their claims. This insight delves into the implications, causes, and responses to this unusual trend. […]

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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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