Blue Pool Capital manages part of the fortunes of Alibaba co-founders Joe Tsai and Jack Ma, has bought a Manhattan penthouse, which was previously owned by Dan Och.
Investment Management Firm CI Financial Corp has acquired Northwood, a privately-owned boutique family office in Canada.
Provident Financial Management, a business management firm and multi-family office with offices in Woodland Hills, Santa Monica, and San Francisco, has entered into a joint partnership with Los Angeles-based tax, accounting, and business management practice London & Co. LLP. The new firm will be called Provident Financial Management and will close their transactions simultaneously this year.
Glasgow-based private equity firm, Maven Capital Partners has sold its stake to UK private equity firm Livingbridge. Their exit has provided them with a gain
5G Ventures has announced that Latsco Family Office will be the first Greek-based investor to participate in the first round of fundraising for the Phaistos Investment Fund.
UK regulator have fined BlueCrest Capital Management of UK (the former hedge fund) more than £40 million because it failed to manage a conflict of interest among its investors in a U.S regulatory finding the previous year.
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.
