Family Office Insider (FOI) | July 2024
News, Research, Publications, Events, Jobs Board | Family Office Industry Newsletter
Hello, and welcome to the 7th edition of 2024 ofย Family Office Insider (FOI) fromย GPFO. In the Industry Newsletter each month we share the latest news and developments from the family office ecosystem.
Sections:
๐ Chart of the Month
๐ Research & Reports
News: ๐ฐ Headlines, ๐ผ Careers Moves, ๐ค Private Markets Activity
๐ฅ Jobs Board
๐ Events
๐ Chart of the Month
Proudly supported by the GPFO Research & Reports Database
๐ Research & Reports.
Our Family Office Reports Database is now part of the GPFO Members Portal. 300+ reports and research on the family office and global wealth community since 1997, updated by the team each month. Book a demo of the platform today.
Research | World Wealth Report 2024. Capgemini
Report | Private markets - Quarterly private markets update. UBS
Research | 2024 Bank of America Study of American Wealth. Bank of America
Outlook | Private Equity Outlook 2024. Apollo
Outlook | โSearching for Momentumโ - Private Equity Mid Year Report 2024. Bain & Co
Report | Energy Data, Buildings and Net Zero. Savills & British Property Federation (BPF)
Research | Privacy versus transparency: it's time to look at the data. Trust & Trustees
Research | Private Foundations in the United Arab Emirates Empowering Family Wealth Management Strategies. Trust & Trustees
Report | The state of generative AI in global business: 2024 benchmark report. Lucidworks
View allโฆ
News.
๐ฐ Headlines
What does the family office explosion mean for the world? FT
Britainโs rich race to save wealth from election hit. Bloomberg
Abu Dhabi seizes opportunity to woo Britainโs tax-wary rich. Bloomberg
Private equity groups poised to own one in three top US accounting firms. FT
Singapore ramps up scrutiny of family offices, hedge funds. The Straits Times
The Texas Stock Exchange wants to take on New York. WSJ
High court estate tax ruling forces succession planning revamp. Bloomberg Tax
Fame, Feud and Fortune: Inside billionaire Alexandr Wangโs relentless rise in Silicon Valley. The Information
๐๏ธ Family Offices
Point72 Ventures lays off Fintech team in pivot towards AI. Fortune
Goldman family office clients eye exotic puts as election hedge. Bloomberg
Heinz family office consultant accused of $1M embezzlement. Intsitutional Investor
How billionaires bought 70% of Detroitโs offices and transformed the city. Bloomberg
Cresset Asset Management (MFO) acquires The connable Office (MFO). Spears
โจ Impact & Philanthropy
Bill Gates on his climate investments: the early winners and long shots. WSJ
An Austrian Heiress Chose 50 Random People to Give Away Her $27 Million Fortune. Robb Report
๐ผ Career Moves
Alistair Campbell joins London based 8 Strands as Head of Investments. Previously Partner at Acorn Capital Partners.
Jessica Smith joins MRB Enterprises as Director of Family Office Services.
๐ค Private Markets
Why a private secondary marketplace will never work. Carta CEO, Henry Ward on LinkedIn.
Premji Invest participated in $55M Series B2 funding in Enveda Biosciences, a biotechnology company engineering new drugs from nature.
Declaration Partners participated in $12.5M Series A funding round in Workweek.
Beverly Pacific participated in $11.5M in Series A funding in chargeFUZE.
Saffelberg Investments participated in a $9M Series B in Radian Arc.
Bahrain-based Kanoo family office participated in a $16M in Series A funding round in Saudi Arabia-based agritech startup, iyris.
Felton Group participated in $3M Seed round in Caju AI.
๐ฅ Jobs Board.
Full Jobs Board accessible via the industry or members portals. Currently 38 actively recruiting roles within single family offices and private multi family offices around the globe.
19 new roles listed this month, 22 closed to new applications.
Chief Operating Officer - Single Family Office - Monaco
Senior Legal Counsel - Single Family Office - Luxembourg
Finance Director - Single Family Office - London, UK
Head of Family Office - Single Family Office - London, UK
Chief Executive Officer - Single Family Office - Texas, USA
Finance & Tax Director - Single Family Office - New York, USA
Investment Director - Single Family Office - Hong Kong
Portfolio Manager (Public Equities) - Single Family Office - Hong Kong
Portfolio Manager (Multi-Asset) - Single Family Office - Hong Kong
View allโฆ
๐
Events.
Thanks to everyone who joined for the GPFO Summer Drinks in London.
Autumn Investment Club, September 26th.
Save the Date: GPFO European Conference 2024