Family Office
NEWS
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
13
Byron Trott’s BDT raises $9.1 billion for its latest fund
The Chicago-based merchant bank’s new fund has about 150 investors and will focus on buying stakes in family-owned businesses.
May
13
Credicorp Capital profits plunge over 90%
Credicorp Capital’s asset and wealth management units suffered a major hit to their profits in Q1 and saw their combined assets fall 9.6% to $26.87bn as a result of the coronavirus crisis.
May
13
Legendary investor Stanley Druckenmiller says he doesn’t like the way the market is set up
Hedge fund manager Stanley Druckenmiller told the Economic Club of New York on Tuesday that stock market is historically overvalued.
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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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