Jeff Bezos’ father recently made waves by appointing a chief executive to run his wealth. But the real story is broader: the ultra-rich are increasingly recruiting top Wall Street talent to run their private fortunes.
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, announced today that CS1031 Misty Ridge Apartments, DST has been fully subscribed. The Reg. D private placement investment offering raised approximately $40.95 million in equity.
If private placement valuation was important and considered as an option in 2019, it has become a requirement in 2020. In fact, any alternative investment must undertake an updated valuation to be relevant.
The family office community will need to be more prepared than ever to handle investment-related disputes as they arise in the coming months.
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