Family Offices

Family offices are increasing their exposure to illiquid investments, even though they often lack the expertise to properly assess private market opportunities.

Despite tough times for private markets in recent years, family offices are seeing increased interest in private equity and venture capital, especially among the younger generation.

Family officers serving wealthy Belgian families often prove more willing to take risks than their clients. Aligning perspectives usually requires careful techniques, according to research by Sam Bossuyt at Ghent University.

An Italian icon is quietly being reshaped through Luxembourg, as Bialetti’s future comes under the influence of global family capital.

The next decade will witness the largest wealth transfer in history.

European family offices are taking advantage of falling US real estate prices, seeking opportunities in prime office spaces and “trophy assets” despite market instability.

Ultra-rich families are increasingly casting their eye on sports as an asset class. According to Goldman Sachs, interest is fuelled by rising valuations and lucrative media contracts.

Luxembourg’s CSSF financial regulator on 20 February announced that in late 2023, it had imposed a nearly half-million euro administrative fine on Mizuho Trust & Banking (Luxembourg) S.A.

The 17 November 2023 fine of 444,400 euros was imposed for non-compliance with professional obligations under Luxembourg’s financial sector law relating to governance and IT organisation. 

More than half of family offices want to add even more private investments to portfolios by 2024. The most popular category is private credit. Cash, public equities and high-yield lose out.

Navigating the interest rate cycle is a paramount challenge for family offices in Germany, according to a survey by Roland Berger and WHU.