Investment
How family offices allocate, co-invest, and think about risk — from direct deals to the mandates they give their managers.
Who is financing economic capacity?
Sovereign funds are no longer only chasing returns; a handful now invest to build industries. Sertan Ayçiçek on why that distinction matters.
Fewer than 1% of CGT payers accounted for 45% of a record £24.2bn bill
HMRC's capital gains tax statistics for 2024-25, released on 27 August 2026, show liabilities up 89% to £24.2bn on £127bn of declared gains. The concentration at the top is the number that matters.
Ortega's family office bought 86 London flats for £150m. Nobody noticed for six months.
Pontegadea's first UK rented residential purchase surfaced in Companies House filings in August, half a year after it completed. The disclosure lag matters as much as the deal.
Victory Capital buys First Eagle for $7 billion. The manager stays; the owner changes.
Genstar Capital is selling the $222 billion manager to a listed consolidator funded by a $3.5 billion term loan. For families holding the funds, the questions are consents, leverage and what $280 million of synergies touches.
Family offices bought AI infrastructure and sold China last quarter, 13F filings show
Dakota's August monitor reads second-quarter filings from a small group of very large single family offices. The pattern is consistent. What a 13F covers is not.
New family offices want direct deals, not hedge funds, Fintrx Q2 data shows
Fintrx added 96 family offices to its platform in the second quarter of 2026. Only 10.4 per cent listed an interest in hedge funds, against 38.2 per cent of the database as a whole.
Family offices kept buying clean energy through a turbulent July
Family offices made 57 direct investments in July 2026, Fintrx data shows, with more than 15 per cent going to clean energy and sustainability firms.
Family offices are buying robotics while the rest of the market argues about an AI bubble
Bloomberg reports that the investment vehicles of Bernard Arnault, Jeff Bezos and Azim Premji have all put money into robotics companies in recent weeks. The capital is going in direct, at early stage, and into a single theme.
Goldman Sachs builds a private markets platform for its wealthy clients
Goldman Sachs has pulled its private-market activities into one unit aimed at family offices who want direct stakes in late-stage private companies, plus a way to trade them.
BlackRock's head of UK family offices leaves without a named successor
Spear's reports that Victoria Matthews, managing director and head of UK family offices at BlackRock, has left the firm, with no replacement announced.
From allocation to direct deals: how family offices invest
From asset allocation to direct deals: how family offices invest, the pull towards co-investment, and the governance that keeps investment decisions disciplined.
Buy to leave: the departing non-doms who are keeping their London houses empty
Non-doms leaving the UK are not selling their London properties. They are holding them vacant, managing tax residency around the 90-day threshold.
Beckham's brand company made $92 million last year. He owns 45 per cent of it.
DRJB Holdings, David Beckham's licensing vehicle, is now generating close to $100 million in annual revenue. The business was partly sold in 2022 and has grown fast since.
84 per cent of family offices say geopolitics is their top concern. They are not changing much.
BlackRock's 2025 survey of 175 single family offices found near-universal concern about geopolitical risk but surprisingly stable portfolio allocations.
J. Safra Sarasin takes 70 per cent of Saxo Bank for €1.1 billion
Months after settling its inheritance dispute, the Safra banking dynasty made its biggest acquisition in years, buying a majority stake in Denmark's Saxo Bank.
What we are reading about family offices
No noise, no selling. A measured take on what's moving across family offices and private wealth.