The Singapore-based investment firm Maitri Asset Management Pte. Ltd has announced that it is the first multi-family to earn the B Corporation certificate in the Asia Pacific. The accreditation establishes Maitri as a responsible investor and organizer, adding them to the global community of companies that use business for good and to promote a sustainable economy.
Steve Cohen, 65, the majority owner of the New York Mets and the owner of the hedge fund Point72 Asset Management, is worth $11 billion and is now focusing on real estate bets at his family office.
Guillame Pousaz, the founder of Checkout.com now has a net worth of $8 billion after turning his online payments business into a revolutionary startup and is now building a personal investment firm.
Cerestra Advisors, an Indian private equity firm, and KPFO Ventures have joined together for a co-owned property technology platform, where investors can co-own assets.
The two have named the platform Winvest and will be live next month with an asset portfolio of up to $100,000 million. Seed investment in the platform will be made by KPFO Ventures, and Cerestra will identify assets, manage assets and investors, and close deals.
In hopes to attract business in the special administration of family offices, Invest HK (Invest Hong Kong) started up an independent office. FamilyOffice HK is to be set up in Admiralty, the central business district in Hong Kong, where it can efficiently serve its clients.
Experts say that Singapore’s significance is very likely to grow from being region-specific to global. Today we explore what makes the city-state the next preferable center for family offices and UHNWI.
Hyderabad-based diagnostics startup DoctorC launches Safe Workplace of the Future, an initiative that aims to make getting back to work efficient and scalable, while ensuring compliance and safety.
Some of the most fascinating topics covered this week are: Investing (Five levels to become the master investor; Buy-and-hold myth; Green investing has shortcomings), Business (Coronavirus rips a hole in newspapers’ business models; Meet the 13-year-old entrepreneurs), Lifestyle (Why so many smart people aren’t happy) and Geopolitics (Art of war and Sino-Indian business).
Family-owned businesses form an integral part of the global economy, yet they are not immune to certain unique leadership challenges, especially when it comes to succession. Many believe that leaders are born and heirs with “success in their blood” or those identified as having “the right stuff” early on, will naturally become successful next-generation leaders for the organization.
Lack of networking opportunities, access to capital, and obtaining funding top the list of intensifying challenges women business owners are facing
