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The Family Office Daily Briefing

from Private Wealth Daily

The edition as it went to readers: 5 stories.

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The lead

Maldonado family council chair Alexander Degwitz on how GEMIS became the family business

The family signed its trust in 2000 and established the GEMIS office two years later, four years into a sell-down of the Venezuelan operating businesses it had built since 1911.

Governance & Succession

Unity Hunt's Steve Gardner on teaching a rising generation what the family office does

The Lamar Hunt family office serves four children and their descendants, and vice president Steve Gardner says younger members often do not know what to ask for.

People & Leadership

Briar Hall's CEO says family office hiring puts leadership ahead of technical skill

The Chicago single-family office employs roughly 60 people and recently hired a chief relationship officer and a chief learning officer.

Direct & Co-Investments

Baruch Future Ventures joins CorePower Magnetics' $10.6m round

The Pittsburgh magnetics maker has raised $13.6m in equity alongside roughly $27m in non-dilutive federal funding.

Allocations & Managers

Jacque Sokolov's healthcare-only family office and a $50 million biotech loss

SSB's chairman says regulatory, payment and adoption timelines now stretch the gap between a clinical advance and revenue, changing what a single-sector family office is underwriting.

The Family Office Daily Briefingfrom Private Wealth Daily

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