Family Office News

2021 has seen various commercial buildings being sold. The 112 Robinson is no different, rounding off the year with a caveat lodged on December 14th and the price of $269.7 million. The price was based on $2,925 per 92,205 sq ft. The 14-storey building was refurbished in 2003 and has offices on the upper levels, and shops units spread out on the ground floor.

Macro hedge fund firm Athanor Capital has begun returning client cash to transition into a family office.

The Myers Family Office has recently acquired the Red Paddle Co from Tushingham Sails in a deal worth £20 million. This stake was sold to Myers by equity investors Gresham House Ventures after the company had yielded a 5x return on its £4 million original investment in 2015.

Carlson Private Capital Partners expands its portfolio and makes its fifth investment with the addition of the Wisconsin-based broadband company.

Lukas Walton, the grandson of Walmart Inc. founder, Sam Walton has joined around nine other family offices and private foundations in backing a $25 million fund aimed at strengthening the circular economy which minimalizes waste.

Lord David Sainsbury, the great grandson of the founder of Sainsbury has big plans to invest in private equity funds through his family office, Innotech Advisers.

The investment firm is well-known as one of the world’s largest computerized trading fortunes and it is now boosting its bets in machine learning.

GSA Capital, one of London’s best-known hedge funds will soon become a private trading firm with a focus on better strategies. It will return capital to its investors and search for higher returns.

Ontario-based digital giant GDA Capital announced that a new, annual Global Family Office Summit will be held in virtual mode at the Crypto Convention Center in Decentraland and Zoom on December 15 and 16.

Peter Hargreaves, the co-founder of Hargreaves Lansdown, one of the largest financial services business in the U.K has been investing in private equity funds and Blue Whale to expand his ’embryonic family office’.