Family Office News

Nik Storonsky, the founder of Revolut is using his flourishing fortune of $7 billion into a British family office.

The family office of Nicky Oppenheimer, former chairman of De Beers has launched a new family office in Singapore to boost investments between the region and Africa and promote it’s exposure to Asia.

Savills Investment Management, an international investment management business with its headquarters in London has secured support from the family office of John Lim, the founder of ARA Asset Management in Singapore for a UK retail park fund and aims to raise £360 million ($500 million).

Moneta Group, the St. Louis-based multi-family office has its due diligence team on the lookout for ESG strategies to meet it’s clients demands and populate its new platform. The search is led by David Wickenhauser, the firms senior investment consultant who is looking for ESG strategies that invest in private markets.

Soros Fund Management, the family office of billionaire investor George Soros has made investments in Bitcoin, according to Dawn Fitzpatrick, the CEO of Soros Fund.

Alvarium Investments has hired Peter Golovsky as the managing director and head of family office services for Asia Pacific. He has more than 25 years of experience in the finance industry and has spent 10 years in Hong Kong in a leading family office, as well as working in investment advisory businesses.

According to a report from the Wall Street Journal, the multi-family office Alvarium has plans to merge and go public with the $20bn US advice firm, Tiedemann Advise. The new entity is to be called Alvarium Tiedemann Holdings and go public through a merger with Cartesian Growth, a special acquisition company (Spac) led by Peter Yu.

Xanara, one of UAE’s leading multi-family and investment management firms, will step into their 10th year of successful operations. The firm, which has distinguished itself by enforcing unhindered transparency, is now looking to grow globally all the while strengthening its roots in the UAE.

Home to elite advisors, the company Sanctuary Wealth has invested in Innovise Family Wealth Advisors. The firm is a multi-family office and advisory firm based in Los Angeles and focuses on providing customers with solutions and advice that is customized, innovative, and efficiently managed.

Whittier Trust has recently been named one of the best Multi-Family Office Teams worldwide by the Society of Trust and Estate Practitioners(STEP). They have also qualified as one of the 5 finalists for the STEP awards under the same category. The winner is slated to be declared on 23rd September through a virtual event.