Wolf Point Asset Management的动态

Preqin data shows that the number of family offices globally has tripled since 2019, to over 4,500 today. As Robert Frank writes for CNBC, they will continue garnering strong attention from big and small alternatives fund managers looking to raise capital in 2024 and beyond. “The larger private equity managers are trying to compete there by putting in resources and time,” said Rachel Dabora, our Research Insights analyst. “Ultra-high-net-worth investors and family offices are really on their radar.” Read more on the trend here: https://okt.to/eIztEM If you're an Insights+ subscriber, read the report today: https://okt.to/dmjx3I #familyoffices #alternatives #privatemarkets

Family offices have tripled since 2019, creating a new gold rush on Wall Street. Key Points: ?? The number of family offices in the world has tripled since 2019, setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments. ?? According to a new report from Preqin, the number of family offices worldwide topped 4,500 last year, with a concentration in North America. ?? Experts say family offices now manage $6 trillion or more, and their ranks are growing. On the surface, family offices are dream clients for alternatives. For years, family offices sought basic wealth preservation with traditional stocks-and-bonds portfolios. Now they're more like institutional investors, seeking higher long-term returns with private equity, venture capital, hedge funds, infrastructure and real estate. The family office boom has caught the attention of private equity firms and other alternatives managers who are looking to raise funds. Blackstone, KKR and The Carlyle Group have all been expanding their teams, funding events and building products catering specifically to family offices. #FamilyOffice #PrivateEquity #HedgeFunds #VentureCapital #WealthManagement #AssetManagement #AssetAllocation #InvestmentManagement #AlternativeInvestments #Infrastructure #RealEstate

Family offices have tripled since 2019, creating a new gold rush on Wall Street. #castlefamilyoffice #wallstreet #gold - The number of family offices in the world has tripled since 2019, setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments. - According to a new report from Preqin, the number of family offices worldwide topped 4,500 last year, with a concentration in North America. - Experts say family offices now manage $6 trillion or more, and their ranks are growing. https://lnkd.in/dWGPgkGC

The number of family offices in the world has tripled since 2019, setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments. According to a new report from Preqin, the number of family offices worldwide topped 4,500 last year, with a concentration in North America. Experts say family offices now manage $6 trillion or more, and their ranks are growing. https://lnkd.in/gxmaVhcu

Private equity firms that were once Wall Street’s disruptors have turned into its establishment, and are turning to a solution they know well: deal-making. Private equity has outrun both its roots and its name. Faster-growing corners of investing, like credit and infrastructure, and faster-growing regions, like the Middle East and Asia, are pushing Wall Street and City veterans beyond their LBO origins. So are their customers: Pension funds want a handful of investing superstores rather than a sea of boutiques, and are offering bigger checks to fewer managers. #privateequity #dealmaking #investing #wallstreet #funding

The family office boom has caught the attention of private equity firms and other alternatives managers who are looking to raise funds. Blackstone, KKR and The Carlyle Group have all been expanding their teams, funding events and building products catering specifically to family offices. Private equity firms are going after the family office market aggressively. Blackstone, which has served wealthy individuals for decades through its Private Wealth Solutions business, is ramping up its Private Capital Group, which serves family offices, billionaires and the largest, most sophisticated individual investors. That team has doubled to 25 people over the past few years and is likely to keep growing, according to Craig Russell, global head of Blackstone’s Private Capital Group. #assetmanagement?#alternativeinvestments?#investmentmanagement?#privatecredit?#privateequity

The number of family offices has tripled since 2019, according to a new report from Pregin. The report reveals that the number of family offices worldwide exceeded 4,500 last year, with North America having the largest share. Experts suggest that family offices now manage $6 trillion or more, and their numbers are growing. This trend has sparked a new race among private equity firms, hedge funds, and venture capital firms to attract their investments. Keep an eye on the latest developments in the industry to stay ahead of the curve. With more than 2,600 billionaires in the world, almost all of them requiring family offices, and over 90,000 people worth $100 million or more, there is more room to run. #FamilyOffices #PreqinReport #Investing #WealthManagement Holly MacDonald-Korth Source: CNBC.com

Family offices have become the new buzzword on Wall Street, with their numbers tripling since 2019. According to a report from Preqin, the number of family offices worldwide topped 4,500 last year, with North America seeing the highest concentration. With experts estimating that family offices now manage $6 trillion or more, private equity firms, hedge funds, and venture capital firms are all vying to attract their investments. The gold rush is on! https://lnkd.in/drVwz8Cn By Robert Frank #FamilyOffices #WallStreet #Investments #PrivateEquity #HedgeFunds #VentureCapital

According to recent Preqin data, family offices have tripled since 2019, and continue to become more sophisticated investors. For years, family offices sought basic wealth preservation with traditional stocks-and-bonds portfolios, and now they act more like institutional investors, seeking higher and longer-term returns through private equity, VC, hedge funds and real estate. And some are even more proactive, moving away from passive, "blind" investing (e.g., making investments as a limited partner into closed-end private funds) and toward more customized, direct investment strategies.

Thrilled to host New Mountain Capital & CEO, Steve Klinsky on the Onefinnet / Elevate Platform - alongside the New Mountain Capital's Incredible Private Equity Team. Steve is a legendary Private Equity investor, having also co-founded Goldman Sachs's Private Equity Group prior to founding New Mountain Capital. Registration for this event is now open and already filling up. Use this link to register: https://lnkd.in/gEtM7uzB Session has limited capacity, so make sure to register early! If you're a Student or Professional considering Private Equity careers, you don't want to miss this event! In the coming weeks & months, we'll be hosting the top PE firms across various Zoom & In-Person events. In addition, we'll be joined by incredible private equity investors as panelists: - Tucker Brown - Saahil Katyal - Emily Stotland - Spencer Korek - James Young - Sarah Procida At this session, we're excited to welcome hundreds of attendees from across the Top Universities & Firms for a deep-dive session on Private Equity Careers, What it takes to build a market-leading firm, and Keys to becoming a great Private Equity Investor. Steve Klinsky: Steven Klinsky is the Founder & CEO of New Mountain Capital. He established New Mountain Capital in 1999. Prior to founding NMC, he was co-founder of the Private Equity & Leverage Buyout Group of Goldman Sachs. He is a Harvard Business School MBA & a Harvard Law School JD. New Mountain Capital: New Mountain Capital is a leading Private Equity firm with $40 billion AUM across all investment strategies. New Mountain manages six private equity funds, currently investing out of Fund VI, a $9.6bn fund raised in 2020. New Mountain’s efforts emphasize a focus on growth and business building, rather than reliance on excessive risk, as the best path to high and consistent long-term returns. For more information, please visit www.newmountaincapital.com #privateequity #investing #talent #platform #buyside #careers #finance #business #jobs #leadership #forum #diversity