How a U.S. sovereign wealth fund could be structured and funded
President Donald Trump wants to create a U.S. sovereign wealth fund, but launching it would require intense planning, likely congressional approval and tackling complicated questions around governance, funding and asset allocation, experts said.
Latest News
Ercil to shut $3 billion hedge fund in family office pivot
Alp Ercil is winding up Asia Research & Capital Management Ltd.’s distressed-asset fund for personal reasons and has been notifying investors and employees in recent days.
First Republic ex-private wealth head taps old team for new firm
The venture firm General Catalyst has hired 20 former staffers from First Republic Bank, one of the casualties of the 2023 regional banking crisis, to create a wealth management business.
Apollo raises record from private wealth as credit grows
A plan by Apollo Global Management Inc. to tap the wallets of rich clients is paying off, with its wealth business raking in record capital last year and boosting assets from the sector 50%.
Peer to Peer Insights
The importance of integrating emotional intelligence with strategic planning
Philip Richter, the president and a partner at Hollow Brook Wealth Management, discusses the importance of financial advisers integrating emotional intelligence into strategic planning for family office clients.
Real estate developer Allen Morris explains 3 C’s of success
The chairman and CEO of the Allen Morris Co. shares the three pieces of advice he gives to next-gen family members and the business lessons he has learned from driving race cars and flying planes.
Karman Beyond’s CEO shares global insights on working with ultra-wealthy families
Özge Doğan, founder and CEO of Karman Beyond, a Turkey-based multi-family office, sits down with Crain Currency to share global insights on working with international families and the evolving dynamics of ultra-high-net-worth families.