us Archive - familyofficehub.io

Barry Sternlicht Single Family Office Invests in Satellite SPAC IPO

October 18, 2021

An increasing number of family offices invest in or engages with so-called Special Purpose Aquisition Vehicles (short: SPACs). Now, satellite builder Spire goes public through a merger with the NavSight SPAC. Spire will receive $475M in cash through the deal, thereof $245M through a PIPE deal that is sponsored by BlackRock, Hedosophia and JAWS, the... Continue reading →

Adam Neumann Family Office Invests In Alfred’s $42M Series C

October 15, 2021

The single family office of WeWork founder Adam Neumann - 166 2nd LLC - invests in the Series C funding round of resident management software startup Alfred. Resident experience startup from New York Hello Alfred is a software platform that enables real estate owners to offer residents "an exceptional living experience by providing leading-edge technology... Continue reading →

Single Family Office from Missouri invests in Sharpen Technologies $12M Growth Round

October 14, 2021

The Rodger Riney single family office Lightchain LLC invested in Sharpen Technologies $12M funding round. Sharpen Technologies works on cloud-based contact center solutions. Sharpen Technologies: Cloud platform for contact centers Indianapolis-based Sharpen Technologies develops an omnichannel contact center platform, that promises at least 5-15% ROI in 60 days (alternatively, Sharpen refunds the money for the... Continue reading →

Swiss Single Family Office Invests In Student Housing in Florida

October 14, 2021

The single family office of Swiss entrepreneur Ralph Winter, the W5 Group LLC, invests in a student housing property development near the University of Central Florida. Student housing development project with 602 Bedrooms The new property development project of the W5 Group is located near the University of Central Florida in Orlando at 12151 E... Continue reading →

Three Single Family Offices Invest In €139.5M Esports VC Fund

October 13, 2021

BITKRAFT Ventures raised €139.5M for their new Venture Fund I, focused on gaming, esports as well as interactive media. Among the investors are three important single family offices from Bruce Karsh, David M. Rubenstein and Jonathan Soros. BITKRAFT Ventures: Leading esports venture capital fund The San Francisco-based venture capital fund BITKRAFT was founded by veterans... Continue reading →

Straus Single Family Office Considers Acquisition of Minnesota Timberwolves

October 13, 2021

The single family office of Daniel E. Straus, former CEO of The Multicare Companies, considers the acquisition of the NBA franchise Minnesota Timberwolves. Current owner Glen A. Taylor hired an advisory firm to consult on a possible sale of the NBA team, which could bring up to $1.2BN. Taylor built up the Taylor Corporation -... Continue reading →

Soros Family Office Is A DraftKings (NASDAQ:DKNG) Investor

October 12, 2021

In a recently published SEC filing of DraftKings, some high profile investors of the betting company were revealed. Amongst them: the family office of George Soros. DraftKings went public on April 24, 2020. Soros Fund Management Owns 2.83 Million Shares of DraftKings Soros’ family office, Soros Fund Management, owns 2.83M shares of Draft Kings. On... Continue reading →

Hedge Funds Shy Away From Sackler Single Family Office

October 11, 2021

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 →

Hicks Single Family Office Is Checking Investment In Fox News Rival

October 9, 2021

According to Wall Street Journal, a subsidiary of Tommy Hicks' US single family office is considering buying "One America News Network", which is a conservative news channel. One America News Network as Fox News Rival One America News Network (short: OAN), which was founded in 2013, is a conservative American TV channel like Fox News.... Continue reading →

The Investments Of The Secret McKinsey Family Office

October 8, 2021

Everybody knows the prestigious consulting firm McKinsey, but hardly anyone knows the powerful McKinsey family office MIO Partners (McKinsey Investment Office). MIO manages pension plan investments in the amount of more than $9.5BN for current and former partners. If you're looking for more family offices in the U.S. check our list of single offices in... Continue reading →

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