(Forbes) The world of single-family offices is booming, and the trend is likely to continue for some time to come. This is a function of the extensive increase in the number of ultra-wealthy and super-rich (net worth = $500 million or more) worldwide. Moreover, many, many billions of dollars are readily flowing from single-family offices to a diverse collection of investments including hedge funds and private equity funds.
How Hedge Funds And PE Funds Are Raising Considerable Assets From Single-Family Offices
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