Alternatives
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
Tag: Family Office
Asset Allocation
Citi Survey: 60% of Family Offices Have Own CIO
Smaller funds were most likely to outsource the chief investment officer role, according to the bank’s 2024 family office survey.
Asset Allocation
39% of Family Offices Are Crypto Investors or Are Eyeing It
The findings were part of BNY Mellon Wealth Management’s first report on these funds.
Asset Allocation
Family Offices Plan to Increase Alts Allocations
CIOs plan to add exposure to private equity, credit and infrastructure and funding by selling cash and equities, according to KKR’s 2023 family capital survey.
Manager Selection
Pitcairn Family Office Names Sonnenberg as New CIO
Former CIO Rick Pitcairn moves into a newly created global strategy role.
Corporate Moves
Mercy’s DCIO Elizabeth Jourdan Heads to Granger
She will move to the New York family office after spending five years at the Catholic health system.
Regulation
SEC Rule Change a Boon to Family Offices
New accredited investor definition will include family offices with at least $5 million in assets.
Asset Management Culture
After a Spotty Run, John Paulson Quits Hedge Funds
Famed investor, who triumphed shorting the housing market in 2008, is the latest to shift into a family office, amid hard times for hedgies.
The Lure of the Family Office
What recruiters are seeing when it comes to poaching, attracting, and hiring top talent.
News
Chinese Family Offices Return 11% in 2019
Private equity is the top performer, while fixed income is the largest allocation.
Alternatives
Family Offices Slash Allocation to Alternatives by More than Half
Survey finds family offices allocated the most to equities in 2019.
Corporate Moves
Arizona Blue Cross Blue Shield’s NextGen Nabs Job with Family Office
Terence Thompson’s financial career started in the Air Force.
Corporate Moves
Ex-UTIMCO Chief Bruce Zimmerman is CIO of Ray Dalio’s Family Office
Texas endowment’s former head had been member of various boards since 2016 exit.
OP-ED: Asia Investment Megatrends May Show True Opportunities
Family office investor details credit opps in Asia-Pacific: outsized alpha with downside protection.
Newsmakers
Investors Launch Climate Endowment to Invest in ‘Green Revolution’
Endowment to be modeled on Yale, Harvard’s investment strategies.