The investment push into private companies is one of the big investment themes of the post-financial crisis, and its just getting going. This view was reinforced by what Robert Soros, the son of one of the great investment gurus of the last 50 years, George Soros, said this week. Speaking about his departure from his [...]
In an insightful research material by Schwartz and Bergfeld, the authors pointed to one country that seemed to challenge the third generation curse much better than others. Japan has seven out of the 10 oldest companies on the planet and also has the highest concentration of old family businesses by any measure such as GDP [...]
It has been said that the first generation accumulates, the second preserves and the third squanders. And experienced bankers have seen their fair share of corporate family-based customers, so promising in earlier generations, lose direction or even implode when the grandchildren take over. Recognising the conundrum before such companies, OCBC Bank (Malaysia) Berhad embarked on [...]
Joe Bauernfreund , who runs the £993 million British Empire Investment Trust, has revealed how he is investing in family holding companies to generate returns. The British Empire Investment Trust has increased its dividend for each of the past thirty years. The trust tends to invest in the holding companies of wealthy families around the [...]
Ve Interactive is the latest high profile name that serves as a reminder that many tech scale-ups have failed. There are many causes, but it shows that the short term goal of making the participators wealthy does not always pay off. A scale-up can engage with a long-term strategy to remain owner-managed and a family [...]
There are many reasons why building a family business, is appealing. You might want build something with your children, work with family members you know and respect, as well as creating a foundation for generational wealth. There are processes you need to structure to give your children the tools to one day take the reigns [...]
A family business can range from a small mom and pop business to large multi-million dollar publicly traded companies. Family businesses and their leaders often experience many of the common problems of a regular business, but also have an added layer of problems and dilemmas related to unique family issues. An effective way to deal [...]
As much as 98 per cent of the world’s economic activity is accounted for by family businesses but for many companies, making that transition from entrepreneurship to a smoothly-run family business is difficult, says Allan Cohen, a professor in global leadership at Babson College, a US business school that specialises in entrepreneurship research. “When a [...]
Business people often have a tendency to concentrate so much on their day-to-day business that they end up losing sight of some pretty important basic matters, like their values. Values form the unconscious base of everything we do, and they impact so many of our regular decisions without us even realizing it. A business’s values [...]
Family office principals interviewed by Campden Wealth researchers for the new Private Equity and Co-Investing for Family Offices report, out today, said restricted access to high quality deals, limited team resources, and knowledge gaps were obstacles on direct investments. However, higher expected returns, absence of agent fees, and greater sense of control over operations and [...]