“I’ve been coming here for more than 30 years, and the growth and prosperity that has occurred under Abu Dhabi’s visionary leadership is truly remarkable,” Black said. “My family office wants to be a part of that transformation.”

Zurich-based Siglo invests in alternatives on behalf of pensions and other institutional clients in Switzerland. The acquisition gives Boston-based Cambridge Associates its first office in Switzerland.

The private investment vehicle of Henry Cheng’s family has appointed one of his sons as co-CEO, the latest development in the family’s closely watched succession saga.

The Brown Divest Coalition is pushing the Providence, Rhode Island, school to screen its holdings for “companies complicit in human rights abuses in Palestine,” including in Israel’s war effort, and then exit any such investments.

Indian regulators have stopped allowing local family offices to set up investment funds in its new finance hub, as they are concerned these arrangements may be used to evade taxes and capital controls, said people familiar with the matter.

At HSBC Holdings PLC, a star hire who was supposed to reinvigorate the firm’s private banking business in the Middle East is facing a reality check.