Daniel Lubetzky's Single Family Office Invests In Yogurt Brand Ellenos
Seattle-based yogurt brand Ellenos received an investment from Daniel Lubetzky's single family office Camino Partners. Lubetzky is an American billionaire, mainly known for founding the popular snack brand Kind LLC. Ellenos: Seattle-based yogurt manufacturer Ellenos was launched by the Klein and Apostolopoulos families in 2013. The Seattle-based firm started as a scooped yogurt bar in... Continue reading →
Hedge Funds Shy Away From Sackler Single Family Office
The bankrupt pharmaceutical firm Purdue is owned by the billionaire Sackler family. Now, two hedge funds loosen their ties to the Sackler single family office. Purdue Pharma: OxyContin lawsuits because of the opioid epidemic The Sackler family's company Purdue Pharma L.P. was one of the most successful U.S. pharmaceutical companies. More than 5,000 employees were... Continue reading →
Utah-based Single Family Office Sells "American Pacific Corporation" To Private Equity Fund
Cedar City-based American Pacific Corporation (APC) is a producer of specialty materials (e.g. for aerospace or fire protection applications). Now, the Utah-based Huntsman single family office sells the company to private equity firm AE Industrial Partners. American Pacific Corporation: Leading Manufacturer of Specialty Materials Utah-based "Pacific Engineering"  was founded in 1955. Back then, the company... Continue reading →
New York-based Single Family Office Invests In $35M Series C Round Of Blockchain Startup
New York-based startup Digital Asset - which is offering a smart-contract programming language - recently raised a $35M Series C funding round. Amongst the investors is the (also New York-based) single family office of former Blackstone executive Tony James. Synchronizing business processes through blockchain solutions Digital Asset's main product is DAML: a programming language for... Continue reading →
familyofficehub.io