Family Office
NEWS
Why Family Offices Are Looking Beyond Borders for Talent
As family offices become larger, more sophisticated and increasingly international, the way they recruit senior professionals is changing.
Jul
21
Cerestra and Kolte Patil Family Office Launch Proptech Asset Platform
Cerestra Advisors, an Indian private equity firm, and KPFO Ventures have joined together for a co-owned property technology platform, where investors can co-own assets. The two have named the platform Winvest and will be live next month with an asset portfolio of up to $100,000 million. Seed investment in the platform will be made by KPFO Ventures, and Cerestra will identify assets, manage assets and investors, and close deals.
Jul
16
Harness Wealth Raises $15 Million for Tax Advisory Tool
Although family offices have been around since the 1800s, they’ve only begun to flourish in recent years. Family offices tend to target individuals with more than $1bn assets, while multi-family targets those with more than $20bn. This means there are plenty of people that require a helping hand with their family resources. That's where Harness Wealth's initiative comes in.
Jul
15
Hong Kong Government Body Supports and Launches Family Office Team
In hopes to attract business in the special administration of family offices, Invest HK (Invest Hong Kong) started up an independent office. FamilyOffice HK is to be set up in Admiralty, the central business district in Hong Kong, where it can efficiently serve its clients.
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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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