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Showing 11 - 20 of 549 results for "Family Office"

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
The Asena Family Office (Asena) has officially set up shop down under, merging with Melbourne-based boutique family office and asset management firm Giles Wade. To date, Asena said it has almost exclusively targeted an Australian audience with interests ...

Twynam Group targets US$50m for new fund

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... heir Lucas Walton, and Swinburne University of Technology. Twynam Group chief executive Johnny Kahlbetzer said the family office has been interested in decarbonisation for over 20 years. His late father, John Kahlbetzer, made his fortune as a rural landholder ...

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
Family office chief investment officers across the globe intend to allocate more capital towards private credit this year, according to new research by KKR. The global fund manager's annual Family office survey, now in its seventh year, found that ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... companies in the USA, Europe and the Middle East. In 2017, he retired from The Sentient Group to establish Moss Ridge family office. In joining, Cassidy replaces chair Rodney Payne as chair of the life insurance start-up. The appointment comes as iExtend ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
Mike Cannon-Brookes' family office Grok Ventures has hired a new chief executive, recruiting a former BlackRock and Macquarie executive. Grok has named global funds management executive Tan Kueh as chief executive, while Jeremy Kwong-Law will remain ...

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
Scarcity Partners has bought into an $8 billion asset manager that caters to private wealth firms. Scarcity acquired a 30% interest in Evidentia Group but did not disclose the dollar value. Evidentia works with private wealth firms to build investment ...

Family offices struggling to recruit: Study

CHLOE WALKER  |  MONDAY, 5 FEB 2024
... new research by Ocorian reveals. Ocorian's latest global study, which surveyed 301 senior executives, including 50 family office investment managers in November last year, found that 70% of family offices are inadequately staffed in their compliance ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... $200,000. In 2021, Pinnacle made a $3 million cornerstone investment in OpenInvest. Last December, Tayside Group, the family office of the Smith family, injected an undisclosed amount into OpenInvest - a transaction that Pinnacle had no part in. Pinnacle ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... the company, which went into voluntary administration last year, had been purchased for an undisclosed sum via the family office of Klark and Brooke Quinn. Klark Quinn is the son of Queensland-based entrepreneur and self-made millionaire Tony Quinn ...

Family offices embrace outsourcing: Study

CHLOE WALKER  |  THURSDAY, 18 JAN 2024
... functions, new research from Ocorian suggests. The global study, which surveyed 301 senior executives including 50 family office investment managers in November 2023, found a staggering 98% of family office professionals plan to increase the level of ...