Family networks have become increasingly geographically dispersed and the next generation’s priorities have shifted towards a more global outlook. As a result, in recent years, many high-net-worth families have established their family offices in global hubs or offshore locations.
The bottom-line reason the very wealthy are motivated to establish and manage single-family offices is that, when run well, they optimize their financial worlds. Moreover, these single-family offices are very often able to optimize all aspects of a wealthy family’s world.
Earlier this year Union Bancaire Privée, the private banking group, scooped the award for best pure-play boutique private bank at this publication’s Greater China programme. We managed to catch up with Eric Morin, CEO for Hong Kong and head of north Asia at the Geneva-based group, to ask him about its strategy and in particular, the firm’s recently-launched Family Offices Services arm.
To preempt and mitigate risks around challenges unique to family businesses, owners need to consider practical ways in which to separate ownership and management.
Manna Tree Partners, a Vail, CO-based investment firm that invests in companies focused on human health and wellbeing, today announced it has raised $141.5 million for its first fund, Manna Tree Partners Fund I, L.P.
The coronavirus pandemic has triggered a race for disruptive innovation in diagnostics, new therapies and novel vaccines, but the global life sciences industry was already expected to reach more than $2 trillion in gross value by 2023, up from $1.6 trillion before the crisis.
The FINTRX solution delivers industry leading family office intelligence across our diverse global suite of clients, while each asset raising professional has a unique targeted focus in the family office universe. The FINTRX platform has continued to evolve with customization capabilities, providing our users with the ability to curate their experience to optimize utility and cut time spent.
Global Family Office Market report is aimed at highlighting a first-hand documentation of all the best practices in the Family Office industry that subsequently set the growth course active. These vital market oriented details are highly crucial to overcome cut throat competition and all the growth oriented practices typically embraced by frontline players in the Family Office market.
2020 will be marked as a year when the world advanced to an entirely new state of being during a global lockdown.
Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, announced today that the firm has expanded its sales team with the addition of Marc Meunier as regional vice president, responsible for sales in the company’s northeast territory.
