1. Home
  2. Family Office

Category: Family Office

Leon Black Calls Relationship with Jeffrey Epstein a ‘Terrible Mistake’

Mr. Black, the billionaire chief executive of Apollo Global Management, said others’ continued association with Mr. Epstein gave him “misplaced comfort” in doing business with him

Long Ridge Hits Hard Cap

Long Ridge Equity Partners has held an oversubscribed, hard cap, and final closing of Long Ridge Equity Partners III LP with $445 million of capital commitments. Limited partners in the new fund committed $400 million…

Pritzker Combines Auto Liquid Giants

Pritzker Private Capital (PPC) has agreed to acquire Highline Aftermarket, the leading manufacturer of windshield wash fluids in the US and a portfolio company of The Sterling Group; and Warren Distribution, one of the largest…

Plexus Above Target on Fund Five

Plexus Capital has held a final above target close of Plexus Fund V LP with $502 million of capital. Like its earlier funds, Fund V will invest up to $40 million in profitable US-based companies…

Blue Sage Closes Fund III, Two Platforms Acquired

Blue Sage Capital has held a final, oversubscribed, and above target closing of its third fund, Blue Sage Capital III LP, with capital of $300 million. Blue Sage’s earlier fund closed in December 2012 with…

Schroders buys £2bn family office Sandaire in UK wealth push

The deal comes after Schroders made a big push into the UK wealth management sector after launching Schroders Wealth in 2019 — a joint venture with Lloyds Banking Group

Opalesque Roundup: Hedge funds sit comfortably in the green: hedge fund news, week 38

In the week ending September 18th 2020, Eurekahedge reported that global hedge funds recorded their best five-month performance of 12.85% in August after they suffered from their worst quarterly performance of 8.02% in Q1 2020.…

AMB :- Opalesque Roundup: Hedge funds sit comfortably in the green: hedge fund news, week 38

In the week ending September 18th 2020, Eurekahedge reported that global hedge funds recorded their best five-month performance of 12.85% in August after they suffered from their worst quarterly performance of 8.02% in ...Article Link

AMW :- Opalesque Roundup: Hedge funds sit comfortably in the green: hedge fund news, week 38

In the week ending September 18th 2020, Eurekahedge reported that global hedge funds recorded their best five-month performance of 12.85% in August after they suffered from their worst quarterly performance of 8.02% in Q1 2020.…

Benford Closes First Fund

Benford Capital Partners has held a final closing of its inaugural private equity investment fund, Benford Capital Partners Fund I LP. The new fund closed with total limited partner commitments of $130 million, markedly above…

Raising an energy fund today can rely on one deep pocketed investor

Ben Navarro’s family office supplied nearly all the $250m raised by Andros Capital Partners for its debut fund, people familiar with the matter say

GI Closes Data Infrastructure Fund

GI Partners has held a final closing of its inaugural Data Infrastructure Fund LP, with $1.8 billion in capital. The new fund was oversubscribed and beat its target of $1.25 billion. Investors in the Data…

H.I.G.’s Circle Graphics Acquires Bay Photo

Circle Graphics, a portfolio company of H.I.G. Capital, has acquired Bay Photo. Bay Photo is a provider of photographic prints and photo finishing services to professional photographers, artists, and other third-party channel partners. The company’s…

AEI’s Builds Applied Composites

Applied Composites, a portfolio company of AE Industrial Partners (AEI), has acquired Alliance Spacesystems, a manufacturer and designer of composite structures used in satellite and aerospace applications. Alliance’s activities include the fabrication, assembly, and testing…

Longshore Closes Debut Fund, Stocks BPO Portfolio

Longshore Capital Partners has closed its debut private equity fund, Longshore Capital Fund I LP, with total and oversubscribed capital commitments of $203 million. The new firm was formed earlier in 2020 by LaSalle Capital…

Imperial Advises GPI on Sale to CORE

Imperial Capital was the financial advisor to GPI Prototype & Manufacturing Services on its just closed sale to FATHOM, a portfolio company of CORE Industrial Partners. GPI uses direct metal laser sintering (DMLS) – a…

TCF Backs Cathay’s IOP Add-On

Innovative Office Products, a portfolio company of Cathay Capital Private Equity, has acquired SiS Ergo with backing from TCF Capital Funding. TCF provided just over $80 million of secured financing and was the sole lead…

Novacap Expands Contract Food Platform

Noble Foods Nutrition, a contract manufacturer of nutrition and energy bars and a portfolio company of Novacap, has acquired the co-packing activities of Betty Lou’s, an energy bar manufacturer. Betty Lou’s, under its own brand…

Family offices give VC vote of confidence amid Covid-19 crisis – but returns expectations prove surprising

Family offices are sticking with venture capital despite the growing coronavirus crisis - but their expectations of returns threw up a surprising result, new research shows.

Opalesque Roundtable: The Bahamas emerges as a pandemic safe jurisdiction for family offices

As ultra high net worth investors rethink travel-heavy business models in the wake of covid, the Bahamas has become a popular base of operations, according to participants in the recent Opalesque Bahamas Roundtable. More investment…