Family Office

Cresset, a Chicago-based RIA, has agreed to acquire Dallas multi-family office CH Investment Partners, which manages $6.2 billion in assets. This deal, expected to close by the end of October, will boost Cresset’s assets under management to around $62 billion. While financial terms weren’t disclosed, Cresset’s president, Susie Cranston, expressed excitement about the acquisition, noting […]

The competition to attract family offices is growing across Asia. Bing Li, Head of Asia Pacific at Bloomberg, points to various reasons why countries are eager to entice wealthy families to establish family offices within their borders. In recent years, several ultra-wealthy individuals like Ray Dalio, Sergey Brin, and Shu Ping have set up family […]

Family offices in Abu Dhabi are playing a crucial role in driving economic growth and diversification in the emirate, working closely with the public sector to shape its future. These family-owned businesses, which account for nearly 90% of private enterprises in the UAE, significantly contribute to the country’s economy, providing around 60% of its GDP […]