Family Office

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The Emergence of Single-Family Offices in Central and Eastern Europe

As private wealth continues to rise across Central and Eastern Europe (CEE), affluent families are turning to more sophisticated structures to manage their fortunes. One model increasingly gaining traction is the Single Family Office (SFO)—a private entity created to oversee the financial, personal, and legacy-related affairs of a single wealthy family.

Apr 02
Billionaire investor Steve Cohen is reportedly raising money for a new fund designed to invest in private companies

Billionaire investor Steve Cohen is stepping outside the hedge fund industry and creating a private-markets fund, The Wall Street Journ...

Apr 02
Days after laying off 20% of its workforce, Brookfield-backed Convene furloughs more than half of remaining employees due to coronavirus closures

Convene, the Brookfield-backed shared-spaces company, furloughed 421 employees on Monday, Business Insider has learned. This comes days...

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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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