Family Office
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Betting on Black Gold: Why Family Offices Moved Early
Family offices moved into oil and gas investments after traditional capital sources pulled back, and the recent price surge has delivered strong returns.
May
17
THE OWNER OF SOUPLANTATION AND SWEET TOMATOES FILES FOR CHAPTER 7 BANKRUPTCY
Garden Fresh Restaurants, the owner of buffet-centric chains Souplantation and Sweet Tomatoes, has filed for Chapter 7 bankruptcy protection as the company opts to liquidate its assets and close its doors for good.
May
17
Edward Jones: How We’re Adapting to the COVID-19 ‘New Normal’
No organization could have anticipated the unprecedented global implications of COVID-19. The swift and relentless nature of the pandemic impacted the global economy in ways not seen during previous crises. Businesses across all industries were faced with critical decisions as they executed business continuity plans.
May
16
Wealthech Smarterly Raises £7 Million in Series A Funding led by Major Oak
Wealthtech firm Smarterly has raised £7 million in a Series A funding round led the family office of Major Oak that provided £5 million.
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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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