A weekly collection of news and highlights. Included this week:
“Blue-blood impostors” in the family office world
Inside Marc Andreessen & Ben Horowitz’s MFO
The 100 leading private schools in the world
When politeness is a mask for disengagement
Living Large: Outdoor apparel for athletes and Chinese billionaires.
𝕏 highlights
Two “blue-blood impostors” in the family office world.
Needed better instructions.
The consequences of trying to rule from the grave.
reddit highlights
in highlights
When politeness is a mask for disengagement.
Family offices get serious about hiring top talent.
The 100 leading private schools in the world.
Family Office news roundup
A proven acquisition tool amidst credit markets noise. With much debate surrounding credit markets, Alex Branton from Nodem Capital shares why NAV financing continues to offer family offices an efficient, cost-effective acquisition tool - Mr Family Office
a16z built a family office because traditional wealth management failed its founders. Andreessen Horowitz decided traditional wealth managers weren’t cutting it, so they built their own in-house family office-style setup to manage partners’ wealth alongside the firm - Forbes
Family office demand for alternatives rising in Asia. Family offices across Asia are piling into alternatives as they hunt for higher returns and diversification, especially as public markets look less compelling - Bloomberg
Texas-based family office, conglomerate eye Saudi Hotels growth surge. US-based Patel Family Office and Saudi Arabian industrial conglomerate Abdel Hadi A Al-Qahtani & Sons sign a $1 billion deal to tap into Kingdom’s hospitality ambitions - WealthBriefing
The Rise Of MFOs: independence, complexity and sophistication. Multi-family offices are booming as wealthy families realize that running everything solo is expensive and messy - InvestmentNews
Living Large: the finer things in life
Advanced outdoor apparel for athletes, celebs and Chinese billionaires. From a climbing harness designed in a basement to selling $2.7 billion of high-performance outdoor apparel annually, Arc’teryx has come a long way. A lot of their high-tech apparel doesn’t even make it out into nature, but has become the preferred choice of “gorpcore” trend followers and celebrities like Timothée Chalamet. It’s also been adopted by China’s elite, the country now accounting for more than 40% of all sales - Bloomberg
ICYMI: last week’s newsletter was a look at family offices and venture capital.
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