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Rockefeller Capital draws new investment from Chanel family office and others

Rockefeller Capital Management — the modern successor to John D. Rockefeller’s historic family office — has attracted fresh investment from some of the world’s wealthiest families, according to CNBC.

Sep 18
Rick Hollmann Joins NewEdge Wealth as Managing Director, Head of Advisory Solutions

NewEdge Wealth LLC, an investment firm specializing in high-net-worth asset management, family office, and institutional financial services, has appointed Rick Hollmann as the Managing Director and Head of Advisory Solutions as a part of their investment management strategy for ultra-high-net-worth clients.

Sep 15
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.

Sep 14
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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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.

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