Family office

Summitas Wins Family Wealth Report's 2023 "Best Customer Facing Digital Platform" Award

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목요일, 5월 25, 2023
Knowledge, Digital platform, FWR, Family, Family office, Consultant, Cryptocurrency

NEW YORK, May 25, 2023 /PRNewswire/ -- Summitas, an innovative platform for secure, online client portals for family offices, wealth advisors, and other client-facing businesses, has been named "Best Customer Facing Digital Platform" at this year's 2023 Family Wealth Report (FWR) Awards. This award category goes to firms offering a suite of core tools and technologies that provide an integrated digital customer experience.

Key Points: 
  • NEW YORK, May 25, 2023 /PRNewswire/ -- Summitas, an innovative platform for secure, online client portals for family offices, wealth advisors, and other client-facing businesses, has been named "Best Customer Facing Digital Platform" at this year's 2023 Family Wealth Report (FWR) Awards.
  • This award category goes to firms offering a suite of core tools and technologies that provide an integrated digital customer experience.
  • As a respected member of the Family Office community, FWR hosts this prestigious award ceremony to recognize the most innovative and exceptional firms, teams, and individuals serving the family office, family wealth, and trusted advisor communities in North America.
  • "We are deeply honored to receive Family Wealth Report's 'Best Customer Facing Digital Platform' award," said Dan Gregerson, Summitas Chairman and CEO.

IEQ Capital Strengthens its Family Office with Strategic Hire

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화요일, 5월 23, 2023
San Francisco, Partnership, CFP, Culture, Risk management, Condren, Investment, SAN, UBS, First Republic Bank, Family office, Management, Financial services, Olsson

Olsson joined IEQ Capital in 2021 to enhance its Family Office offering, and she continues to serve clients from the firm's San Francisco Bay Area office.

Key Points: 
  • Olsson joined IEQ Capital in 2021 to enhance its Family Office offering, and she continues to serve clients from the firm's San Francisco Bay Area office.
  • Alan Zafran, Co-CEO and Founder, said "We are delighted to welcome Terry to IEQ Capital.
  • The addition of Olsson and Condren to IEQ Capital reflects the firm's ongoing commitment to attract top industry talent and offer an unparalleled level of expertise and service to its ultra-high-net-worth clients through its Family Office services.
  • IEQ Capital Family Office strives to go beyond investments to identify and manage the unique needs of its clients with a holistic, integrated approach.

Cash Is King: Treasury Values Surge to $418B in Q1 According to Citco

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목요일, 5월 11, 2023
Banking, Asset Management, Professional Services, Finance, World Football Elo Ratings, Treasury, Overalls, Front Office Football, Silicon Valley Bank, Real assets, Officer, Credit Suisse, Silicon, Administration, CSDR, OTC, Citco, Market, Middle office, Signature Bank, Environment, Family office, Bank, Security (finance), EU

According to Citco’s Q1 2023 Middle Office Solutions Report , the value of treasury transactions not only increased by 25% quarter-on-quarter, but the volume of securities-based margin movements also soared by 66% in Q1 - as managers looked to post securities rather than cash as collateral, leaving cash to work as an alpha-generating tool.

Key Points: 
  • According to Citco’s Q1 2023 Middle Office Solutions Report , the value of treasury transactions not only increased by 25% quarter-on-quarter, but the volume of securities-based margin movements also soared by 66% in Q1 - as managers looked to post securities rather than cash as collateral, leaving cash to work as an alpha-generating tool.
  • Cash margin is still relevant, but only increased by 10% in Q1 as securities took a larger portion, while we saw a slight increase of 14% in overall margin calls.
  • The Middle Office Solutions Report contains data on overall trade volumes, values and collateral calls for Q1 2023.
  • All transaction types are included from tax payments to loan funding, transaction costs, cash collateral and OTC settlements, among others.

Dogtopia Surpasses 500 Signed Franchise Agreements in the U.S. Following Historic Deal with Los Angeles-Based Family Office

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수요일, 5월 10, 2023
Primrose Schools, Child, Culture, Orangetheory Fitness, Jersey Mike's Subs, Sibling, Dog, Growth, Family, Family office, Toy

PHOENIX, May 10, 2023 /PRNewswire/ -- Dogtopia, the nation's leading dog daycare, overnight, and spa franchise, announced today it has surpassed 500 signed franchise agreements in the U.S. since new management took over in 2015, solidifying its dominance as the largest and leading pet services franchise in the world. Propelling the company past this milestone is a historic development agreement, which will lead to 33 new locations over the next several years. Behind the deal is a prestigious Los Angeles-based entrepreneurial family with decades of experience owning national franchise brands.

Key Points: 
  • Propelling the company past this milestone is a historic development agreement, which will lead to 33 new locations over the next several years.
  • Behind the deal is a prestigious Los Angeles-based entrepreneurial family with decades of experience owning national franchise brands.
  • "By crossing this milestone, Dogtopia is ready to meet the all-time high demand for pet services, including daycare, in North America," said Neil Gill, President and CEO of Dogtopia.
  • "We're honored to be partnering with this respected and successful family," Alex Samios, Chief Growth Officer of Dogtopia, said.

Logiq Appoints Technology Visionary and Investor, Peter Bordes, to Board of Directors

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화요일, 5월 9, 2023
Fintech, Advertising, Music, Communication, IPO, RTB, Angel investor, B2B, Peter's Food Services, Beasley Broadcast Group, Innovation system, Digital media, Martech, Intelligence, IP, Airbnb, Organization, CNBC, Acquisition, Investment, Trustee, Machine learning, Paul Reynolds (commentator), OTCQX, CBD, OTC, Cannabis, Artificial intelligence, Bee, Park Place, AI, Performance, Bordes, Family office, NYSE, News, Social media, Management, Sales, Cryptocurrency, Real estate, New England College, Adtech (company)

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX:LGIQ), a leading provider of digital consumer acquisition solutions, has appointed tech industry visionary and venture investor, Peter Bordes , to its board of directors.

Key Points: 
  • NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX:LGIQ), a leading provider of digital consumer acquisition solutions, has appointed tech industry visionary and venture investor, Peter Bordes , to its board of directors.
  • Following his appointment, the board consists of four directors, with two serving independently.
  • He also brings to Logiq years of accomplishment in venture investing focused on disruptive technology innovation driving digital transformation.
  • “We anticipate Peter's extensive experience as a venture investor, senior executive and board member contributing significantly to our growth strategy and M&A initiatives,” stated Logiq CEO, Brent Suen.

Chiratae Ventures Maiden Growth Fund-I announces its close at INR 1001 cr, oversubscribed by 34%

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수요일, 5월 3, 2023
Axis Bank, State Bank of India, INR, Venture, AUM, Trust, The Co Founder, Business Growth Fund, Investment, State bank, Growth, Family, Family office, Policybazaar, Renewable energy, Cryptocurrency, Chiratae Ventures, Pixie Grape, Lenskart, Myntra, Infosys

BENGALURU, India, May 3, 2023 /PRNewswire/ -- Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr.

Key Points: 
  • BENGALURU, India, May 3, 2023 /PRNewswire/ -- Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr.
  • The announcement of the close of CGF-I comes on the heels of Fund 4, which was oversubscribed by 22%.
  • With this new CGF-I, Chiratae Ventures will continue its mission of supporting innovative technology startups in their growth stage and unlocking their potential.
  • Chiratae Ventures has a successful track record of investing in early and growth-stage startups over the past 16 years.

THE COLONY GROUP ANNOUNCES PROMOTION OF EIGHT NEW PRINCIPALS

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화요일, 5월 2, 2023
CFA, Senior, TCG, Amy, Curriculum, Human Capital, MSM, MBA, Research, Portfolio, Athlete, Trust, Acquisition, Investment, JD, Diversity, CPA, MST, Family office, Tax, Management, Financial services, Colony

These eight individuals join 87 other Colony principals who together lead The Colony Group and serve the complex needs of its clients, which include business owners, corporate executives, professionals, athletes and entertainers, families with significant multigenerational needs, and companies and institutions.

Key Points: 
  • These eight individuals join 87 other Colony principals who together lead The Colony Group and serve the complex needs of its clients, which include business owners, corporate executives, professionals, athletes and entertainers, families with significant multigenerational needs, and companies and institutions.
  • Last month, The Colony Group announced company-wide promotions of 15 other professionals.
  • The Colony Group seeks to attract, develop, engage, and retain the best people in the industry.
  • Additionally, Lori is continuing to build The Colony Group's curriculum to educate wealth advisors who are either new to the industry or to Colony.

International Covid Memorial Monument Design Competition Underway

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화요일, 5월 2, 2023
Vaccine, Commissioner, Yale University, Education, Face, Big Spring Vietnam Memorial, International Pediatric Nephrology Association, COVID-19, Ludvig Hektoen, Hope, Research, Vietnam Veterans Memorial, Science, Interest, Nephrology, Patient, Nursing, Courage, Environment, Family office, Social media, Pharmaceutical industry, Tourism

CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- An international design competition is underway for a Covid memorial monument.

Key Points: 
  • CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- An international design competition is underway for a Covid memorial monument.
  • The final design will determine in part where the monument will be constructed, however negotiations are underway for a permanent site.
  • The winning design will provide a moving and creative concept that speaks to nations and cultures everywhere.
  • Commissioner Vice Chair, William E. Richards, an investment and Family Office executive, draws parallels to the design competition for the Vietnam Memorial in Washington, D.C. more than 40 years ago.

Audax Private Equity Partners with Management to Recapitalize Congress Wealth Management

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금요일, 4월 28, 2023
Banking, Asset Management, Professional Services, Finance, LLP, CIX, Private equity, Partnership, Financial services, RIA, CI, Kirkland & Ellis, Congress, Acquisition, Stout, Partner, Investment, Audax, TSX, Growth, RIAS, CI Financial, Family office, HNW, Financial adviser

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner to middle market companies, announced a strategic investment in Congress Wealth Management (“Congress”), a Boston-based, independent registered investment advisor (“RIA”) offering wealth management and investment advisory services to high-net-worth individuals and families in the United States.

Key Points: 
  • Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner to middle market companies, announced a strategic investment in Congress Wealth Management (“Congress”), a Boston-based, independent registered investment advisor (“RIA”) offering wealth management and investment advisory services to high-net-worth individuals and families in the United States.
  • Audax is partnering with management to recapitalize Congress through a transaction in which CI Financial (TSX: CIX) is selling its stake.
  • Founded in 2009, Congress provides innovative and bespoke wealth management and financial planning solutions for HNW individuals, foundations and endowments, and family offices.
  • “We’re excited to partner with Audax Private Equity as we move into our next phase of growth,” noted Paul Lonergan, Founder and CEO of Congress Wealth Management.

$3 Million Invested in Fastest-Growing Campground Industry OTA, Spot2Nite

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화요일, 4월 18, 2023
OTA, Growth, Family, Family office, Culture, Video game, Online shopping, RV

NEW ORLEANS, April 18, 2023 /PRNewswire-PRWeb/ -- Spot2Nite, the no. 1 campground industry online travel agency (OTA) with the fastest-growing RV spot marketplace in North America, recently closed a Series A round of funding led by a Family Office based in Chicago, IL, in addition to several venture firms. The investment, combined with rapid revenue growth, has the company expanding its core team, along with additional resources to support existing and upcoming property management system integrations as well as distribution channel partners.

Key Points: 
  • Spot2Nite was built by a family of avid RVers to end the time-consuming 'search, load, and find no spots available' single source booking routine prevalent throughout the campground community.
  • It truly is a testament to the many campground and RV traveler communities that have supported our vision.
  • We look forward to continuing to support Spot2Nite in their growth journey," says the Family Office.
  • "We are proud to partner with Sam and Terry as they continue to grow Spot2Nite as the premier RV reservation solution.