A weekly collection of news and highlights. Included this week:

  • The 20 largest family offices in the world.

  • Why the first hire for many family offices is a generalist

  • A new family office software lawsuit

  • Alts platform Arch raises $52M

  • Living Large: yachting catches the EV bug

  • Plus… we're hiring a Partnerships Manager

𝕏 highlights

Nippon Paint tycoon Goh Cheng decided to skip a generation and handed his fortune to his grandchildren.

Goldman has released its latest global family report.

Japanese activist investor targeting US family offices as clients.

How the ultra-rich invest in sports.

The Murdoch succession saga is finally over.

Entitlement vs merit.

We’re Hiring

The Mr Family Office team is growing: we're hiring a Partnerships Manager to build media campaigns and work with brands looking to connect with the global family office audience. Part-time, flexible role structure. Relevant media experience essential. Reach out here if this is of interest.

in highlights

Family Office news roundup

Private Markets Investment Platform Arch Raises $52 Million. Dubbed the ‘Charles Schwab for private markets’, the platform helps family offices with the difficult task tracking what can be thousands of investments across different firms, which each have their own portals - Fortune

Professional Athletes: A Compelling Case For Multi-Family Offices. Athletes are making more money than ever, both from contracts and endorsements, but history shows most struggle to hold onto it. Is the Multi-Family Office solution best to manage taxes, investments, estate planning, and brand value? - Financial Advisor Magazine

Multi-Family Offices – The New M&A Battleground? Corient’s surprise grab of Stonehage Fleming (and Stanhope Capital) signals a new wave of consolidation in the MFO world. With private equity and sovereign wealth funds fueling deals, the sector is heading towards IPOs, but questions linger over integration challenges and whether sky-high prices will pay off - Family Wealth Report

Changing Tax Rules Driving Family Offices to Relocate. Family offices are voting with their feet as new tax regimes in places like the UK, Switzerland, and the US make old hubs less attractive. The latest on how Italy’s flat €200k deal, Puerto Rico’s Act 60 perks, and Dubai’s zero-tax lifestyle are pulling in the wealthy who’d rather move than hand over fortunes - Institutional Investor

Family Offices Favor Men’s Sports Investing More Than 3-to-1 Over Women’s Sports. More from the Goldman Sachs report - family offices are piling into sports, but the data shows money is overwhelmingly flowing into men’s leagues. Women’s sports may be booming in popularity, yet investors still see them as a side bet - InvestmentNews

Living Large: the finer things in life

The yacht world is catching the EV bug, with builders rolling out battery-powered designs to meet demand for quieter, cleaner cruising. However with challenges around charging infrastructure, range, and price still around, the electric yacht boom is still more promise than reality - Luxuo

Last week we published a new format Careers newsletter that included a practical example of how AI can enhance the recruitment process for family offices - read it here if you missed it.

Until Friday, see you on 𝕏 or LinkedIn.

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