In this week’s FB roundup, George Soros closes office in Hong Kong, Propsoch raises funding supported by the Godrej family, and Home Depot’s Bernie Marcus dies.
In this week’s FB roundup, the family office of Paul Allen invests in Picnic, the Tanoto family is linked to deforestation in Borneo, and Bernard Arnault makes a bet on AI.
As public markets continue to be gripped by uncertainty, some of the world’s largest institutional investors are thinking about boosting their exposure to private assets, say Titanbay.
The private equity middle market (companies with enterprise values of between $100 million and $2 billion) is, says Titanbay, offering a fertile hunting ground for investors to create value.
In this week’s FB Roundup, George Soros hands control of his $25 billion empire to son Alexander; Ivan Glasenberg is set to buy Italian bike brand Pinarello; and John Catsimatidis aims to install himself as CNN’s new CEO.
Family enterprise owners and their executives generally do a superb job managing risks to the business – but often don’t apply the same rigour when it comes to family and personal risk, says Linda Bourn, senior vice president at Alliant Private Client.
