List of the 1,200 largest Multi Family Offices in the World [2024]

List of 5 large global multi family offices

Multi family offices manage the wealth of multiple families, either as direct investment managers or from a consulting perspective. Overall, multi family offices play an increasingly important role in global financial markets. In the following, we introduce you to five interesting family offices from our list.

1. Bessemer Trust (North America, United States)

Bessemer Trust, a prominent multi-family office in the U.S., manages the wealth of over 2,500 families, with assets under management surpassing $200 billion. Founded in 1907 by the Phipps family, who were among the original owners of Carnegie Steel, Bessemer Trust provides a comprehensive range of services, including investment management and traditional family office offerings. In terms of investment, the firm focuses on a diverse portfolio that includes real estate, private equity, hedge funds, stocks, bonds, and energy assets.

2. Square Capital (Europe, UK)

Square Capital, an asset management firm with offices in London, Paris, and Monaco, specializes in serving families and ultra-high-net-worth individuals (UHNWIs). Established in 2007, the multi-family office now manages and advises on over €1.5 billion in assets. The firm’s investment portfolio spans a wide range of asset classes, including equities, fixed income, hedge funds, commodities, private equity, venture capital, real estate, farmland, and private debt.

3. Alto Partners (Asia, Singapore)

Alto Partners is a leading multi-family office in Singapore and across Asia, positioning itself as a family office “by and for Asia’s leading entrepreneurs and next-generation investors.” The firm is actively involved in investments spanning venture capital, financial markets, and real estate. Notable investments include companies such as Stashfin, Snapchat, Canopy, and Grab, reflecting its commitment to supporting innovative ventures and high-growth opportunities in the region.

4. Turim (Latin America, Brazil)

Turim is one of the most established multi-family offices in the Latin American market, founded in 2001 and expanding significantly over the past two decades. With offices in Rio de Janeiro, São Paulo, and London, Turim now employs over 120 wealth management professionals. As a member of the Wigmore Association, a network of leading global multi-family offices, Turim provides a wide range of services tailored to affluent families. These services include global asset management, impact investment and ESG strategies, wealth planning, and philanthropic planning, catering to the diverse needs of its clients.

5. UP Capital & Strategy (Middle East, Turkey)

UP Capital & Strategy, based in Istanbul, is one of Turkey’s leading multi-family offices. Led by Umut Emirler and David Price, the firm operates across 10 sectors and 6 regions, managing a portfolio of over 10 companies. With assets exceeding $1 billion, largely sourced from high-net-worth families, UP Capital offers a broad range of services beyond investment management. These include strategy, debt and risk management, M&A advisory, and financial engineering, along with expertise in philanthropic matters. Notable portfolio companies include Geo Energy Holding, Canning Town, and Clarity Informatics, highlighting the firm’s diverse investment approach.

Picture Source: Ming Jun Tan, Ben O Bro