Corporate Moves
Truist Launches Institutional Capital Group
The team, which will cover middle-market private equity sponsors and family offices, will be led by Chris Jackson.
Tag: Family Offices
Asset Allocation
Family Offices Pivot Toward Wealth Preservation Amid Global Instability
A KPMG/Agreus survey found that family offices are focusing on shielding assets from market volatility by moving away from cash.
Research
Family Offices Brace for Trade Disputes
Many family offices have adjusted their portfolios toward defensive stocks amid geopolitical concerns.
Corporate Moves
Partnership Between Cresset and Monticello Announced
The tie-up will create a pool of nearly $200 billion in assets for the firms to oversee and advise and provide clients access to fund managers in the public and private markets.
Asset Allocation
Geopolitical Risks Force Family Offices Into Liquid Alternatives, Cash
A BlackRock survey found that family offices are diversifying away from U.S. equities.
Asset Management Culture
How Family Offices Should Tackle Hiring, Retention Challenges
A shrinking pool of professionals is putting a strain on recruitment, according to a new family office operational excellence report.
Alternatives
Appetite for Risk Among Family Offices Expected to Increase
Heightened regulation of riskier assets is a key reason family offices feel better about taking on risk, while allocations to infrastructure are also expected to increase, per a survey from Ocorian.
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.
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 Grow, as the Rich Get Richer
The number of very well-off more than doubled over the past two decades, a JPM report finds.
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.
Asset Allocation
For Trend-Setting Family Offices—and Those Following Their Lead—Timing Is Key
Investors are sensing a regime shift in the market, but capturing it will take careful planning.
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.