Family Office News

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Multi-Family Office Alvarium Makes Senior Hire to Boost APAC Growth

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.

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Multi-Family Office Alvarium to Merge with $20bn US Advice Firm Tiedemann

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.

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Whittier Trust Named Among Top 5 Multi-Family Offices Worldwide

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.

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North Sixth Group Acquires Ownership Stake in Italy’s Serie B Soccer Team Ascoli Calcio

North Sixth Group LLC, a New York-based family office, has acquired a significant stake in Italy’s Serie B contender Ascoli Calcio, a team based in the Marche region in central-eastern Italy. This is in line with the increasing interest of North American investors in the Italian soccer market as part of their diversified marketing campaigns which has grown from 0 to 11 within this decade.

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Vahdam India Raises Rs 174 Crore from IIFL AMC

Vahdam India, a native Indian wellness brand that specializes in taking natural Indian products like teas, spices, and superfoods to markets like US, Canada, and Europe, has managed to raise approximately Rs 174 crore in its Series D round.

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