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.
As family offices become larger, more sophisticated and increasingly international, the way they recruit senior professionals is changing.
As wealth grows, so does the complication of managing it. This is especially true as generations expand the number of family members, and diverse opportunities -- real estate investment is a prime example -- attract attention beyond passively watching the pile grow.
WE STARTED the turn of the decade on a sanguine note, when a novel coronavirus named "Covid-19" - which initially seemed to be just another headline in the news, among many others - escalated into a global pandemic that has since put the world on brakes, with numerous countries in lockdown and more than five million (and counting) confirmed cases worldwide.
Family offices stepped up borrowing against their private equity investments in the first quarter, moves made to increase their cash in the coronavirus crisis, according to UBS Group.
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