Swiss wealth manager Jar Capital has acquired Lyra Capital, a Singapore-based multi-family office founded in 2007, in a cash-and-stock transaction. While financial details remain confidential, the deal is expected to close later this month, according to a statement released on 17 July.
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.
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