
Kemnay Family Office Explores $1b-plus Secondary Sale
The single family office Kemnay Advisory Services has plans to sell a portfolio of private equity fund stakes that are valued at more than $1 billion.

The single family office Kemnay Advisory Services has plans to sell a portfolio of private equity fund stakes that are valued at more than $1 billion.

DL Holding Group has announced an investment of $8 million (HK $63 million) to acquire 45 percent equity of its affiliated company, DL Family Office Ltd., as well as 100 percent equity of Emerald Wealth Management Ltd. for $2 million (HK $15.5 million) in cash, totaling $10 million HK $78.5 million).

PKF O’Connor Davies, LLP, one of the nations largest tax, accounting, and advisory firms has announced that PKF O’Connor Davies Family Office (PKFOD FO) has received three industry awards which recognizes its growth and innovation.

Rockefeller Capital Management announced that the most prominent private wealth advisors of Bay Area, Cheryl Young along with her team of seven, called Young & Associates have joined the the family office.mm

The international family office, Stonehage Fleming has appointed Richard Stride as the head of the family office and Bruce Sinclair as its trustee director at its division in New Jersey.

DRA Family Office announces the creation of DRA Investment Fund I, a $10 million fund which is dedicated to support women business owners in different sectors by granting them access to capital.

One of London’s oldest hedge funds, Adelphi Capital is set to convert into a family office after its run of poor performance, which is another sign that equity managers are facing difficulty in managing sharp sell-offs in markets.

For a sum of $350,000, which is just five times over the median household income in the U.S, people can invest with Equi, which is focused on alternate assets, which is a common place that billionaires used to grow.

Founded by Thomas H. Ruggie, Destiny Family Office serves high-net-worth and ultra-high-net-worth, has been chosen as a finalist in the 9th Annual Family Wealth Report Awards in the Multi-Family office category (including and up to $2.5 Billion in Assets under Advisement or Management).

Investor, Josh Liberman is focusing his attention on the growing Israeli technology scene, with a partnership between Tel Aviv-based firm 10D, and his family office, Josh Liberman Investment Group.