People moves
Appointments, departures and hires across the advisory market.
Carlyle creates a dedicated family office group, with a London lead for Europe and Asia
Carlyle has hired David Seeberan as global head of a new family office group and Victoria Matthews, formerly of BlackRock, to run it across Europe and Asia from London. What the move says about how large managers now approach families.
HSBC creates a global head of family offices and fills it from Citi
Hannes Hofmann joined HSBC Private Bank on 10 September in a newly created London role. He ran Citi Private Bank's family office group. He is the third senior HSBC private banking appointment this year to come from Citi.
Northern Trust puts a West Coast head on its family office unit
The Chicago bank has hired Wilmington Trust's Candice Nakagawa to run Family Office Solutions across the western United States, in a market where private banks are competing for entrepreneurial wealth.
Lombard Odier appoints Turkey market head as it targets the region
The Swiss private bank has hired UBS veteran Tuncay Yilmaz to lead its Turkey coverage, a market marked by rapid asset growth and established business dynasties.
SFO Alliance loses its chief executive after less than seven months
Jeroen Vetter has left the invite-only single-family-office club SFO Alliance under seven months after taking the top job, the second CEO change in under a year. Founder Lex van Dam remains executive chairman.
The week in family offices
One email a week: what moved across family offices and private wealth, and what it means.