Family Office
NEWS
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.
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
The time has come for family offices to restructure their investment staff to meet their goals. Private equity talent is being greatly sought by these offices in return for managing their portfolios and a better equilibrium of work-life.
The recent wave of mergers and acquisitions within the multi-family office field led to an opinion that the industry will soon divide into a few wealth management giants and numerous small advisories.
According to multiple reports, family offices are taking a more hands-on approach during the pandemic times by directly investing in companies that seek capital.
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