Family Office Insider (FOI) | March 2024
News, Research, Publications, Events, Jobs Board | Family Office Industry Newsletter
Hello, and welcome to the third edition of 2024 of Family Office Insider (FOI) from GPFO. In the Industry Newsletter each month we share the latest news and developments from the global family office ecosystem.
Sections:
News: 📰 Headlines, 💼 Careers Moves, 🤝 Private Markets Activity
📅 Events
👥 Jobs Board
📑 Research & Reports
📑 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.
Outlook | Single-family offices 2024 outlook. Mercer.
Research | Loud & Clear - 2023 Family Capital Survey. KKR.
Report | Part Five | Examining Family Offices by Primary Business Activities. Fintrx & Charles Schwab
Report | Family Barometer 2023. PwC & Julius Baer.
Report | Family Offices: a roadmap to impact. Schroders & Impact Investing Institute.
Endowments | FY2023 Ivy Report Card: Volatility Laundering And The Hangover From Private Markets Investing. Markov Processes.
Whitepaper | How US family offices can thrive in the M&A market. PwC.
Whitepaper | FinCEN Beneficial Ownership Reporting — Implications for Family Offices (Part 2 of 2). Kirkland.
News.
📰 Headlines
Jacob Rothschild dies age 87.
Nassif Sawiris considers breaking up his empire. FT.
Richard Caring kicks off Ivy Group $1bn auction. City AM
Walton & Soros family offices buy new biotech stakes. Bloomberg
Mike Cannon-Brookes' Grok Ventures leads the family office charge into climate tech. Capital Brief
Mckenzie Scott’s ‘Giving Update’. Yield Giving.
General Atlantic buys stake in OCIO, Partners Group. Bloomberg.
After rapid growth, Singapore’s family office industry matures. WealthBriefing
Wealthy families are trying something new – ditching the secrecy. AFR
VC distributions sink to 14 year low. Pitchbook
“Limitarianism”, an ethics-based case for limiting wealth. Guardian.
Venture game changers: family offices are rewriting the rules of startup investing. Nasdaq
💼 Career Moves
Wendy Craft joins Elle Family Office (Lazarian SFO) as CEO.
Phil Harris leaves Brown Shipley to set up MFO, Coppice. Citywire.
UBS board changes, Suni Harford retires, Aleksandar Ivanovic takes over as President of Asset Management, and Beatriz Martin Jimenez is named GEB Lead for Sustainability and Impact.
🤝 Private Markets Activity
Bezos Expeditions and Aliya Family Office recently took part in a $675M Venture funding round in Figure AI.
ICONIQ Capital Family Office particpated in a $200M Series D funding round in Glean.
Grok Ventures participated in a $150M Series B funding round in Antora Energy.
Willett Advisors led a $120M Series E funding round in Neurona Therapeutics.
Hillman Company participated in a $72M in Series C funding round in ZEDEDA.
Webb Family Office participated in a $24M Series A investment in Mechanical Orchard.
EDventure Holdings participated in a $21M Series B funding round in Ezra.
Dolby Family Ventures participated in a $18.75M Series A funding round for Motif Neurotech.
Horizons Ventures participated in a $7M Venture round in Xampla.
Occident Group participated in a $2.6M in a Seed funding round in Chipmetrics.
📅 Events.
Q1 Dates: (register or request an invitation)
Coffee with the Economists 2024 - 14th March - London & Online
Dr. Michael J. Oliver - Co-Founder, GPFO
Dr. John Llewellyn - Founding Partner, Independent Economics
John Reade - Chief Market Strategist, World Gold Council
Jeremy Sterngold - Deputy CIO, LGT Wealth Management
Will Nutting - Founder, Nutstuff
International Investment Afternoon - 20th March - London & Online
Q1 2024 we will be publishing the Winter/Spring Edition of Family Office Global (FOG). Download the previous edition here.
👥 Jobs Board.
Full Jobs Board accessible via the industry or members portals. Currently 49 actively recruiting roles within single family offices and private multi family offices around the globe.
24 new roles listed this month, 12 closed to new applications.
Executive Director, Private Equity Direct Investments - Single Family Office - Zurich, Switzerland
Aviation Manager - Single Family Office - Denver, USA
Director of Finance - Single Family Office - Denver, USA
Family Office Manager - Single Family Office - Miami, USA
Finance & Accounting Manager - Single Family Office - San Francisco, USA
Senior Analyst, Investments & Operations - Single Family Office - Massachusetts, USA
Senior Financial Analyst - Single Family Office - India
Trading Analyst - Single Family Office - Abu Dhabi, UAE
Senior Investment Manager, Private Equity - Single Family Office - London, UK
Head of Family Office - Single Family Office - London, UK