Investor Interest in Eastern European Hedge Funds, Real Estate on the Rise
May 6 - 10. 2019
Eastern Europe’s transformation into a hot spot for global wealth appears to be well underway. A lack of capital market efficiency creates ample opportunity for investors seeking alpha. In recent years, it seems the hunt for market outperformance has led to the former Soviet states and Russia. Money isn’t just flowing into the region, it’s also being created. According to Bloomberg, Russia is now home to 189,500 ultra-wealthy individuals.
France’s Wealthiest Families Step Up To Rescue Notre Dame
Image Credit: Notre Dame - LeLaisserPasserA38 [CC BY-SA4.0 (https://creativecommons.org/l= icenses/by-sa/4.0)] France's three wealthiest families and their family offices are spearheading an effort to rescue and restore the historic Notre Dame Cathedral. ...READ MORE
Deal or No Deal: Brexit’s Impact on Family Offices May Be Overblown
Per Wimmer Founder and CEO Wimmer Family Office Brexit’s ultimate impact on family offices and private investors will likely be minimal at best, according to experts who spoke to MarketCurrents. Britain’s decision to exit...READ MORE
Selling the Family Business: Letting Go While Preserving a Legacy
Nov 05 - 09. 2018
“I’ve worked in the company for the last 42 years. And I never until this year even imagined the possibility that we might think about selling.” That’s what Don Graham, the head of the legendary Washington Post, told reporters shortly after he announced the sale of the family business to Amazon CEO Jeff Bezos.
Is Brexit Creating Real Estate Investment Opportunities?
Sep 24 - 28. 2018
For a decade after the financial crisis, London’s real estate attracted global capital. According to data tracked by Bloomberg, the price of the average London house bottomed out in 2009 and subsequently doubled until this year.
Highlights from the Global Family Office Investment Summit
More than 400 wealthy individuals, business leaders and royal families attended the sixth Global Family Office Investment Summit, recently hosted by the Ritossa Family Office in Monte Carlo. The theme was “Investing in a new age.” What follows are highlights from a few of the ke...READ MORE
IKEA: Lessons in Preserving a Legacy
July 02 - 06. 2018
IKEA founder Ingvar Kamprad was one of the richest men in the world when he passed away in early 2018. Over the course of his nearly 74-year career, Kamprad managed to redefine the global retail sector and create one of the world’s most recognizable brands. A long-term thinker with a unique strategy, Kamprad left behind an estate structured to preserve the business he spent a lifetime creating.
Co-investment Challenges for Family Offices: Q&A With Rupert Phelps of Smith & Williamson
May 14 – 18. 2018
As family offices turn to co-investing for more control over capital, transparency and lower transaction costs they face unique challenges in vetting potential deals. In the coming weeks, MarketCurrents will run a Q&A series in which family office execs and experts shed light on the issues that need to be addressed and how to navigate them.
Smyth Family Set to Acquire European Ops of Toys “R” Us
Smyths Toys superstore,Newport Image Credit - Wikimedia The Smyth family, which founded and operates Smyths Toys, has made a €79 million (approximately $93.6 million) offer for the European operations of U.S.- based...READ MORE
Family offices join institutions in a €3.5 billion renewable energy fund from Copenhagen Infrastructure Partners
May 07 – 11. 2018
It’s evident when a fund closes at half a billion more than its target then it’s a big yes to renewable energy from major investors. Forty-two investors comprising of family offices, pension companies, insurance companies and asset/fund managers closed out Copenhagen Infrastructure Partners’ (CIP) new fund – Copenhagen Infrastructure III (CI III) – in March this year at €3.5 billion, exceeding the €3.0 billion target fund size. The fund held its first close over 12 months ago.