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Where Billionaire Family Offices Placed Their AI Bets in November
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
Apr
29
DRA Family Office Announces $10 Million Investment Fund to Support Women Business Owners
DRA Family Office announces the creation of DRA Investment Fund I, a $10 million fund which is dedicated to support women business owners in different sectors by granting them access to capital.
Apr
20
Adelphi Capital to Convert to Family Office After Run of Poor Performance
One of London's oldest hedge funds, Adelphi Capital is set to convert into a family office after its run of poor performance, which is another sign that equity managers are facing difficulty in managing sharp sell-offs in markets.
Apr
15
Equi Plans to Launch Family Office for Non-Billionaires
For a sum of $350,000, which is just five times over the median household income in the U.S, people can invest with Equi, which is focused on alternate assets, which is a common place that billionaires used to grow.
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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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