Justin Mitchell
Why this is important: Family offices have just over a month to take full advantage of the Opportunity Zones program. During a panel at Buyout Insider’s Family Office Connect conference on May 22, Kamil Homsi, founder of Global Realty Capital, said investors had not been given enough time to fully understand Opportunity Zone investments and […]
Why this is important: Family office bets on rideshare IPO as part of broader transport strategy CAZ Investments, a multifamily office with about $1.3 billion under management, earlier this month made a play on Uber’s stock. “We had not invested in the private markets, but based on the dislocation that occurred post the IPO, we [initiated] […]
Why this is important: Family offices in Canada are a growing space. Breakwater likes FO partnerships, emerging managers. Breakwater Investments is the family office for Canada’s McKeil family, created after they sold their 60-year-old marine-transportation business to TorQuest Partners in 2016. Much of Breakwater’s work reflects the family’s nautical background — it helps run a shipyard […]
Why this is important: Family offices and other high net worth investors are buying farmland across the U.S. For family offices, where maintaining wealth is often a top priority, investing in farmland has made good sense for the past few years. “Farmland always has a rent,” said Chris Morris, co-founder and managing director of LandFund […]
Why is this important: Family offices are joining to improve access to a potentially lucrative asset class: litigation financing. Pollux Investment Management is the latest project from longtime investor and former hedge-fund director Marc Abrams, where he hopes to use the family office space to target an asset class in which he sees strong potential: […]
Why this is important: More PE execs are moving to the family office world Carlson Private Capital Partners is a unique creature in the private equity space. “We would consider ourselves a direct investment platform that’s backed by a single family, so in a lot of ways that’s basically a family office,” CEO and Managing […]
Why this is important: Family offices are increasingly interested in opportunity zones Avy Stein is co-founder and co-chairman of Cresset Capital, which he started with Eric Becker in 2017. Cresset launched out of what Stein called a “tremendous disruption” taking place in the family office space, with increased demand for more sophisticated financial products along with […]
Why this is important: FOs are increasingly bigger players in the PE space FOs are willing to take greater risks and wait longer for pay-offs Single family offices are allocating about 60 percent of their assets to alternatives, compared to 44 percent for multi-family offices, according to a study released last month by Family Wealth […]
In a field defined by maintaining and increasing massive amounts of wealth, CREO Family Office Syndicate stands out: a public charity that works with FOs in the private equity space, focused on an overriding mission that transcends the search for wealth. And it looks ready to make waves. CREO — Cleantech, Renewable Energy and Environmental […]