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Soros

Soros’s family office gets hands on Man United shares

August 21, 2012

Manchester United may have failed to kick off the season with a good start, but the British football club has the backing of one of the US’s best known investors.

George Soros, the billionaire hedge fund manager, has brought almost 8% of the club's listed shares through his family office’s investment arm, Quantum Partners, according to a filing with US regulators.

Soros’s investment makes him one of the team’s biggest backers, after the Glazers – the family which controls the Premier League side.

Soros's son ‘to establish own family office’

April 2, 2012

Jonathan Soros, the son of billionaire investor George Soros, is reportedly setting up his own family office in a bid to independently manage part of his personal fortune.

According to Reuters, which quotes two people familiar with the situation, Jonathan is also planning to hire David Kulsar, who currently serves as chief risk officer at Soros Fund Management, the investment firm established by the elder Soros in 1969.

Newly formed family office appoints CIO

September 20, 2011

Soros Fund Management, founded by legendary investor George Soros, has appointed former employee Scott Bessent as chief investment officer to oversee the family’s money.

The New York-based single family office also announced that Soros’s son Jonathan, who was co-deputy chairman, will step back from the fund’s day-to-day management, and will become chairman of the family’s foundation.

George Soros launches family office as regulatory pressure bites

July 26, 2011

Legendary investor George Soros is to close his hedge fund to outside investors and convert it into a family office as a result of new Securities and Exchange Commission rules.

Soros’ sons Jonathan and Robert, who are co-deputy chairmen of Soros Fund Management, said in a letter to investors that they will return money to outside investors by the end of the year.

SFM will then manage assets of the Soros family, worth around $25 billion, they said in the letter.