Family Office News
Stay up to date with the latest global news and developments in family offices. We track key trends, insights, and updates from family offices around the world, providing timely information on investments, leadership changes, and financial strategies shaping the industry.
BGC asset sales raise $800m
Ten years on from the death of its founder, BGC Australia has dramatically slimmed down.
Citi survey reveals family offices doubled down on crypto year-over-year
The number of family offices optimistic with crypto soared from 8% to 17%, with direct exposure being their favored form...
Weekly Digest: SG single family offices hit 1,650; Malaysia offers zero tax to lure family offices | Asset Owners
Singapore attracted 250 new single family offices in 2024; Malaysia offers tax-free incentives to family offices; Telstra and Equip Super...
Family offices bet big on AI – but fail to adopt the technology in-house
Over half of family offices have built exposure to generative artificial intelligence technologies, a Citi Private Bank survey reveals.
Family Office Market Is Booming So Rapidly
Global Family Office market is expected to grow from 30 billion USD in 2023 to 50 billion USD by 2030,...
Forest City
Forest City, the $100 billion project located in the Southern region of Malaysia which is backed by Chinese developer Country...
Cashed up private family offices scaling up above $80m
PRIVATE capital and family offices which have historically operated in the sub-$30 million market are opening their cheque books to...
The Growth And Liquidity Balancing Act: Family Offices In Alternatives
As alternative investments continue to grow, so do the challenges around liquidity. Family offices need creative solutions to navigate the...
Wilde Wealth Management: $400 Million Advisor Drew Kliber Hired To Lead New Family Office Division
Cetera Financial Group announced that Wilde Wealth Management Group, an independent wealth management firm within the Cetera Advisors community, appointed...
What is a Single Family Office and how does it benefit the wealthy families in Malaysia?
KUALA LUMPUR, Sept 20 — Finance Minister II Datuk Seri Amir Hamzah Azizan announced today that the Special Financial Zone...
Lausanne and Laguna: A Tale of Two Family-Office Conferences
A reporter reflects on what was similar, different, and appealing about two events for the wealthiest people and those who...
Free Webinar | October 30: How to Work With Family Offices to Raise Capital, Make Connections and Grow Your Business
Did you know family offices currently have approximately $10 trillion in assets? Join our webinar on 10/30 at 2pm ET...
Roundup: Family offices / FDIC pushback / Plank Road
Bullish outlook: Family offices are the most bullish they’ve been in years, putting their cash to work in stocks and...
Family offices are the most bullish they’ve been in years, survey says
Nearly half of family offices are expecting double-digit returns this year, according to Citi Private Bank’s 2024 Global Family Office...
Fortitude Family Office Wins 2024 WealthManagement.com Industry Award for Private Lending Initiative
Fortitude Family Office, LLC is proud to announce that it won the 2024 WealthManagement.com Industry Award in the Family Offices...
Forest City to offer zero tax rate for family offices, says minister
ISKANDAR PUTERI: Forest City will be the first location in Malaysia to offer a 0% tax rate for family offices,...
Mauritius aims to capture share of family office surge
Family office outfits are looking for new jurisdictions in a less certain and secure world. Recent research shows that family...
Citi targets Swiss family offices with ‘highly beneficial’ PM licence
Laurence Mandrile-Aguirre discusses Swiss coverage of family offices following the publication of Citi’s Global Family Office 2024 Survey.
Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity
Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity,...
Family offices follow big institutions in sophistication push
The investment vehicles of wealthy families are internalising asset management and professionalising their investment teams at a rapid rate, according...
Forrest family office execs open new shop
New corporate advisory firm Famille Capital will hire more staffers to work on deals, investments, advisory, life and legacy.
Private investment office PCH eyes China venture and hedge funds | Family Offices
The firm, which manages assets for a group of wealthy Italian families, is considering how it might increase its exposure...
Family office investment in real estate poised to increase
Family office investment in real estate will continue to increase as rates normalize and repricing becomes clearer, leading to increased...
Citi Private Bank study reveals priorities for family offices
Seven key themes have emerged from the new research.
Asia’s super rich prefer single-family offices to multi-family ones for tighter control of wealth
Smaller single-family offices may seek to consolidate to mitigate higher operating costs. Read more at straitstimes.com.
Family Offices Investors Summit: The $100M Club Bets on Liquid Token, AI, and Gaming in Pivot to Alternative Investments
The Asia-Pacific region is expected to lead global growth in family office wealth, Manana Samuseva, founder of FOIS, told CoinDesk.
Wrise expands in Hong Kong after seeing more rich clients opening family offices
Wrise, a wealth management platform, has expanded in Hong Kong after seeing an increase in rich clients setting up family...
Citi: APAC Family Offices Are Rapidly Professionalizing
Massive wealth generation and the establishment of family offices are relatively new phenomena in Asia. Nonetheless, the region is rapidly...
Norton Rose Adds Family Office Ace From Sidley In Dallas
Norton Rose Fulbright has expanded its Dallas shop with the addition of a former Sidley Austin LLP attorney to its...
Investment Firm Adds MD To Multi-Family Office Team
The firm expanded its Philadelphia multi-family office team with the appointment of a managing director to deepen relationships with private...
The Italian Sea Group expands into African market
The Italian Sea Group (TISG) has announced a new partnership agreement with MYR Family Office, a management firm for ultra-high-net-worth...
Family offices open overseas branches in global rush
The research into the behaviour of family office leadership, conducted by Ocorian, shows over a third have three offices worldwide.
Citi: Apac family offices struggle most with regulation
Coping with regulation is cited as the biggest challenge by almost three times as many family offices in Asia Pacific...
Asia-Pacific family offices show ‘bullishness’ in equities, bonds: Citigroup
Some 68 per cent of respondents in Asia-Pacific raised their allocations to stocks, highest among all regions.
More family offices putting cash in risk assets, with shift to equities strongest in Asia
Asia-Pacific family offices led the way in deploying more to public equity, or publicly traded companies, said a survey. Read...
Citi’s Family Office Clients Trim Cash Pile to Make Riskier Bets
Citigroup Inc.’s family office clients are reducing their cash holdings to make investments in riskier asset classes, reflecting their increasingly...
Family offices could help advisory firms capture ultrarich clients
The complementary offerings of family office and wealth management firms have the potential to capture UHNW wallet share and drive...
India’s Playbook Partners close to striking deals with UAE, Saudi institutional investors, large family offices for $250mn fund – Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More
The initial target of $250 million corpus for the fund could go up several notches if the institutional investors from...
Norton Rose Fulbright adds family office pro Gabby Lyons as corporate partner in Dallas
Gabby Lyons – Norton Rose Fulbright Gabby Lyons – Norton Rose Fulbright Dallas, TX, Sept. 17, 2024 (GLOBE NEWSWIRE) —...
US family office backs single-asset deal on single-asset fund
Council Ring Capital, a single-family office founded by the Mills family, led the deal with Finnish GP DevCo in a...
Clariant sells Frankfurt industrial park to family office
Lugman Group has bought the 428,000 sq m property for €95m
Andrew Haggar launches family office advisory Famille Capital
The ex-NAB exec and former Tattarang boss has recruited former RBA deputy governor Guy Debelle and Macquarie dealmaker Alex Nikov...
Wealth Management Institute: Boosting Capabilities for Strategic Investing for Family Offices
SINGAPORE – Media OutReach Newswire – 17 September 2024 – The Wealth Management Institute (WMI) announced the launch of the...
Dubai royal’s delayed venture casts cloud over Hong Kong’s push to lure the super-rich
A Dubai royal’s high-profile plan to open a S$674 million (US$500 million) family office in Hong Kong was suddenly delayed....
Family offices pave way for Oliver Curtis’ redemption
Venture capital funding, you see, is for plebs without family wealth.
Upcoming Survey Explores Family Offices’ Compensation
Having explored family offices’ broad trends and projections earlier in 2024, the consultancy is going into more detail about what...
Luhut Attracts Ray Dalio and Porsche Family to Establish Family Offices in Bali
Senior Minister Luhut met with Ray Dalio of Bridgewater and the Porsche family to discuss plans for family offices in...
HK, SG family office boom fuels demand for exclusive deals, investment services | Family Offices
Hong Kong and Singapore, home to about 15% of the world’s single family offices, are throwing up new opportunities for...
Arch Debuts AI Tool For Family Offices Swimming In Private Investments
The software company that organizes documents and streamlines workflows has entered a new business phase.
Creating the Family Office Framework: Three Keys to RIA Success
Clients increasingly expect white-glove concierge services from their advisors.
Field to Family encourages community members to eat and shop local
To increase access to education around local food, a nonprofit organization has launched a pilot program bringing a wide variety...
Singapore’s wealth management sector growing, as single family offices balloon to 1,650
MAS will continue to focus on providing a conducive environment for legitimate wealth and family offices. Read more at straitstimes.com.
Meet the enigmatic manager who oversees Larry Page’s Google fortune
In 2014, a New York developer was in negotiations to buy two pristine islands in the Caribbean, a mile north...
Singapore’s single-family office tally climbs to 1,650
Deputy chairman of MAS and transport minister Chee Hong Tat share the latest figures, indicating continued growth despite lingering concerns...
Funds pour Into South-east Asia as rate cut cycle gets underway
Global funds are snapping up South-east Asian stocks, bonds and currencies. Read more at straitstimes.com.
Deutsche’s Rocchi ‘not into loss leaders’ on family office business
Private banks need to ensure family offices clients are profitable and not just sat in cash, says Deutsche’s head of...
United States Family Office Market By Application
The United States Family Office Market by Application focuses on the various services and investment strategies employed by family offices....
Experimentalness: Is This The Key To Family Office Innovation Across Generations?
Family offices can build a legacy of collaboration, innovation, and shared leadership by breaking down silos, using technology, and creating...
Hong Kong campaign to woo family offices gathers steam, summit attendance shows
Summit draws 150 attendees as city continues effort to build talent ecosystem and cement status as Asia’s family-office hub.
Centricity Secured USD 20 Million in Funding Round led by Lightspeed
The startup Centricity, a company focused on technology-driven wealth management, has secured a seed funding round of USD 20 million....
Former CS Manager Joins One of Switzerland’s Family Offices
The Finad Group is expanding and refreshing its leadership team. With this move, one of the oldest independent Swiss family...
Zurich family office names ex-Credit Suisse exec as client chief
Jan Hüsler joins the executive board at Finad, which offers independent asset management and family office services.
UAE: PGIM opens Abu Dhabi office, joining money managers’ rush to capital
Asset managers, banks and family offices have increased their presence in the UAE in recent years, driven by a post-pandemic...
PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital
PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on...
Family offices poised to outgrow hedge funds
Family offices are gaining presence in the wealth management landscape, with assets projected to overtake hedge funds by 2030. This...
Upcoming Survey To Delve Into Family Offices’ Compensation
Having explored family offices’ broad trends and projections earlier in 2024, the consultancy is going into more detail about what...
Investors increasingly spreading their wealth amid global uncertainties: HSBC
The next generation of business leaders are doing the same for firms’ operations for a sustainable future. Read more at...
Opportunities for S’pore as family offices look to hire outside talent amid wealth transfer to heirs
They are hiring from the financial services, consulting and accounting sectors, says the report. Read more at straitstimes.com.
From Sands to Skylines: Dubai’s Rise as a Global Epicenter for Entrepreneurship
As we explore Dubai’s progress, we will shine a light on the strategic governmental initiatives that have shaped its entrepreneurial...
Rise Of Family Offices: Trillion-Dollar Shadows In Global Finance
Family offices are quietly running the world. You won’t hear about them as much, but their moves can be silently...
Hong Kong to grow family office businesses for philanthropy: John Lee
City can provide philanthropists with wealth management tools and channel their resources into initiatives, Lee adds.
Family Offices to reach $8 trillion by 2030, Asia-Pacific leads growth
There are more than 8,000 family offices in the world today, with that figure set to grow by 75% by...
Oaktree Capital opens new office in Zurich
The Swiss office will focus on marketing and business development within the region.
Family offices becoming bigger, better, more independent: Deloitte Private
Family offices are set to manage more than $5.4 trillion come 2030 – but how (and where) they manage it...
Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030
The number of single-family offices is expected to rise from 8,000 to 10,720 by 2030, according to Deloitte Private.
Deloitte: APAC to Lead in Family Office Growth
Asia Pacific is forecasted to be the leading region worldwide in terms of family office growth in the coming years,...
The Family Office Insights Series
The family office landscape is evolving rapidly, driven by new wealth dynamics and global expansion. This edition of the Family...
Asia Pacific on track to become fastest growing region for family offices, says Deloitte
Single-family offices in the region are expected to grow by 40% to 3,200 over the next six years.
Ultra-rich families set to control $12 trillion by 2030
Family offices are set to rival hedge funds as the wealth gap widens. Read more at straitstimes.com.
Family office wealth set to hit $9.5 trillion by 2023 amid global ‘explosion’
Deloitte Private’s in-depth study into the global family office sector found a drive to increase professionalism and expand internationally.
Australian fintech Marmalade registers UK entity
Marmalade, an Australian fintech that provides flexible invoice payments to businesses, has registered in the UK, signalling an expansion.
Asia-Pacific set to outpace all regions in family office set-ups by 2030, Deloitte says
The number of family offices and the amount of wealth they manage are expected to surge over the next six...
Singapore poll: South-east Asia’s uber rich fear family feuds most, succession planning is the new priority
SINGAPORE, Sept 4 — A recent poll reveals that ultra-wealthy individuals in South-east Asia are more concerned about potential family...
The Sky is the Limit for Family Offices
A Deloitte report forecasts assets under management increasing by almost three-quarters by the end of the 2020s. In pure numbers,...
The Family Office Insights Series – Defining the Family Office Landscape, 2024
The family office landscape is evolving rapidly, driven by new wealth dynamics and global expansion. This edition of the Family...
Asia-Pacific to outpace all regions as family offices expand by 2030: Deloitte
Single family offices in Asia-Pacific could increase by 40 per cent to 3,200 by 2030, outpacing growth in North America...
Deloitte Private’s latest report in its Family Office Insights Series – Global Edition explores the rapid expansion of family offices and offers a vision of the future landscape
Here are an estimated 8,030 single family offices in the world today, up from roughly 6,130 in 2019. This number...
Eton Solutions Launches AI Solution For Family Offices
The US-headquartered business said the solution is a ground-breaker for the world’s family offices industry.
South-east Asia super rich worry more about succession disputes than other regions: Poll
More high net worth individuals are warming up to succession and estate planning post-pandemic.
Cambridge Associates Acquired a Swiss Consultant for More Than Its Alts Expertise
Picking insurance-linked securities, private credit, and hedge funds for pension systems were only part of what attracted Cambridge to SIGLO.
Heritage Family Offices LLP Acquires Shares of 8,327 iShares MSCI EAFE Value ETF (BATS:EFV)
Heritage Family Offices LLP acquired a new stake in iShares MSCI EAFE Value ETF (BATS:EFV – Free Report) in the...
Largest Family-Owned Businesses Use Single-Family Offices over Multi-Family Offices, Family Enterprise USA Survey Finds
Accounting, Administrative, Household Services Rank as Highest Needs
Singapore family offices stay away from Bitcoin ETFs, prefer active bets | Alternatives
Some family offices do not find Bitcoin ETFs a preferred choice of investment, just yet, despite their global growth.
India’s Wealthy Embrace AIFs: A Study on Shifting Investment Preferences
AIFs Likely to Become Preferred Investment Vehicle for Family Offices: Study Family offices in India are anticipated to…
Callan Family Office LLC Acquires New Holdings in The Boeing Company (NYSE:BA)
Callan Family Office LLC bought a new position in The Boeing Company (NYSE:BA – Free Report) in the second quarter,...
The Rise of Family Offices: How Korea’s wealthiest are shaping the securities industry
The Rise of Family Offices: How Korea’s wealthiest are shaping the securities industry
Family-Office War Chests Keep Shrinking. Here’s Where They Put That Capital to Work.
The investment offices of even the largest families are far more nimble than institutions, positioning them to quickly put money...
MFs, AIFs to Gain Higher Weight in Family Office Portfolios: Report
Exposure to fixed income, real estate likely could decline, says Sundaram Alternates report.
Family offices AUM growth projected at 14% over next 3 yrs: Report
Family Offices in India projected for 14 per cent growth in Asset Under Management (AUM) and a 5 per cent...
German family office combines multi-asset funds and
The abandoned AES Selekt A1 strategy was launched in 2007.
Magellan unveils $700m multi-strat hedge fund amid UAE alts boom
Dubai-based Magellan Capital Holdings is preparing to launch a new $700 million multi-strategy hedge fund focused on equity and credit...
Video | Bachchan’s Family Office Buys Swiggy Stake
https://www.ndtv.com/video/embed-player/?category=embed&site=classic&id=830952&autostart=0&pWidth=100&pHeight=100&twittercard=1
Amitabh Bachchan’s family office picks up stake in Swiggy. Here’s all you need to know about the deal
Amitabh Bachchan’s family office picks up a minor stake in the food-delivery startup Swiggy through the purchase of shares from...
Dubai Centre for Family Businesses publishes new Family Office Toolkit
New publication highlights the benefits and services provided by Family Offices together with Dubai’s competitive advantages for family businesses
Big B Amitabh Bachchan’s Family Office Buys Small Stake In Swiggy: Report
Swiggy competes with Zomato in India’s online restaurant and cafe food deliveries sector.
Family office of Amitabh Bachchan picks up a stake in Swiggy: Bollywood News
Family office of Amitabh Bachchan picks up a stake in Swiggy. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood...
Bachchan family office joins quick commerce frenzy with Swiggy stake
Swiggy deals in online food delivery and quick grocery delivery services segment. The development comes amid heightened investor interest in...
Teachers in East Asia have reached breaking point
Some education systems in East Asia are getting a failing grade when it comes to protecting the wellbeing of teachers.
More of Southeast Asia’s super rich turn to family offices to manage wealth
SINGAPORE: Family offices are emerging as a significant force among investors in Southeast Asia, fuelled by the region’s strong economy...
Indonesia moves to become a millionaire magnet
Indonesia’s bid to attract family offices could position the country as a global financial hub, but doing so will require...
More of South-east Asia’s super rich turn to family offices to manage wealth
Singapore and Hong Kong play host to almost half of family offices in the Asia-Pacific. Read more at straitstimes.com.
SE Asia’s family office boom, SWFs driving alt asset demand | Alternatives
Family offices have emerged as a rapidly growing segment of investors in Southeast Asia. Sovereign wealth funds such as Temasek...
Private Credit Loses Ground in Fight for Family Office Money
Overall family office allocations to private debt remain at roughly 2 percent.
Why are family offices losing interest in private credit funds?
Industry data shows weakened interest for the months ahead.
Family offices pour more money into hedge funds
Family offices are continuing to add more money into hedge funds, according to a new analysis of second-quarter data by...
Billionaire Gautam Adani to revamp family offices, hire auditors and CEO to boost oversight
Billionaire Gautam Adani plans to hire auditors from a top global firm and appoint a CEO for his family offices...
Family offices lead SE Asian LPs’ grip on private markets: Preqin
There were 1,400 family offices in Singapore by the end of 2023.
Family offices branching out to become ideal source for early MedTech funding
Securing early funding for medical device development can be hard as only a few sources of dedicated capital are available...
BGC to Sell Commercial Construction Arm
BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.
BGC to sell commercial construction arm
BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.
Family offices go global, chase higher alts allocations
Family offices are professionalising at a rapid rate and creeping up the complexity curve as they establish overseas beachheads and...
Blue Owl Capital Hires PIMCO’s John Valtwies to Lead Australian Private Wealth Business
Blue Owl Capital expands in Australia, hiring John Valtwies to lead private wealth business. Learn how this strategic move strengthens...
Former Google CEO Eric Schmidt becomes an arms dealer for Ukraine, find out how
Watching the Russians use tanks to destroy apartment buildings with little old ladies and kids just drove me crazy, Schmidt,...
Family Office Market Size, Share
Global family office market size was USD 12888.17 million in 2021 and is expected to reach USD 25850.58 million in...
Family Offices Boosted Equity, Fixed Income Exposures, Unfazed By Rates, Geopolitics
Family Offices Boosted Equity, Fixed Income Exposures, Unfazed By Rates, Geopolitics – Citi Private Bank
Australian Oilseeds Announces Attendance at Sidoti Micro-Cap Investor Conference
Discover how Australian Oilseeds Holdings is shaping sustainable agriculture. Learn about their recent investor conference, key engagements, and impact on...
Pictet WM’s sustainability chief exits to advise family offices and startups
Rosa Sangiorgio will focus on her advisory company RSG Impact Investing after her departure.
Neuberger Berman hires single family office sales lead from UBS
Simon Cheung, who joins from UBS, will spearhead coverage for single family office in Hong Kong and Southeast Asia.
Edmond de Rothschild’s private banking CEO quietly leaves post
Hervé Ordioni has stepped down as head of the international private banking division at Edmond de Rothschild after two years...
Northern Trust Keeps Leaning Into Family Offices’ Global Growth Story
The group at Northern Trust looks after family office clients with an average of $1 billion in net worth. Its...
Northern Trust Upbeat On Family Offices’ Global Growth Story
Northern Trust Upbeat On Family Offices’ Global Growth Story
Family Offices Are Becoming More Professional, But Challenges Loom
Family Offices Are Becoming More Professional, But Challenges Loom – Ocorian
Where rich Brits, French might go to escape higher taxes
THE prospect of higher taxes on the wealthy in the United Kingdom and France has led some to consider moving...
SEI, Canoe Update Data Flows for Family Offices
Private equity and hedge fund valuations, as well as private equity call and distribution data, are now automated.
Deutsche’s Swiss CEO makes dive for first-class family offices
Loïc Voide talks hiring, cost-cutting, inflows and the need for quality over quantity from financial intermediaries.
Wealth Management Opportunities In The GCC Surge
Wealth Management Opportunities In The GCC Surge | Global Finance Magazine
What does the AI hype mean for family offices?
With AI taking the world by storm, how can family offices best position themselves?
Exclusive: Geneva multi-family office merges with external asset manager
GSK & Partners and Swiss Financial House will join forces on 1 August.
Family office Octagon makes its debut in the UAE
Octagon, the creator of the ‘Family Office as a Service’ model, has officially entered the UAE market.
Assessing Global Single Family Office Numbers
The hard task of assessing Single Family Office numbers nationally or globally. Read the article to find out more.
Indonesia Finalizing Family Office, Aims for Pre-October Launch
Coordinating Minister Luhut said the government is finalizing the formation of a family office.
Minister Luhut Aims to Establish Family Offices in Indonesia by October 2024
Minister Luhut is preparing to establish family offices in Indonesia before President Joko “Jokowi” Widodo.
Family Office Plan; Luhut to Imitate UAE’s Arbitration Courts
Economist Bhima Yudhistira urged the government to conduct more in-depth research on the proposed establishment of a family office.
Lennertz & Co names Achim Uebele as head of family office in Hamburg
He began his career at a former subsidiary of Commerzbank, and then moved to UBS Switzerland’s wealth management in Zurich.
