Family offices

EQT Plans to Divest 20% Stake in Ottobock to Its Existing Major Shareholders

Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders.


Donald Trump Appeals $454 Million Civil Fraud Verdict as Penalty Increases to $112,000 Per Day

Former President Donald Trump is appealing a New York judge's ruling that he must pay $454 million in penalties and interest in a civil fraud case...

Donald Trump Ordered to Pay Nearly $355M in Civil Fraud Case | He Will Now Have to Pay $438M for 2 NY Civil Trials

In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties...

Warren Buffett Donates a Whooping $870 Million in Berkshire Hathaway Stock to 4 Charities Before Thanksgiving

Warren Buffett has made a substantial move ahead of Thanksgiving, donating over $870 million in Berkshire Hathaway stock to four family foundations...


Latest News

Schaft Inc co-founder opens fund to invest in Japanese startups, universities
Schaft Inc Co-Founder Takashi Kato has launched 246 Capital, a fund that seeks to invest in technologies by Japanese startups and universities not noticed by investors, Bloomberg reported.
Temasek mulls over bond sale to individual investors in Singapore
State-owned investment firm Temasek Holdings Pte. Ltd. is considering to offer bonds to individual investors in Singapore. Temasek's current $10 billion medium-term bond program offers securities to i
Commerzbank sees opportunity to expand wealth management business following Credit Suisse's German bank exit
Commerzbank is anticipating opportunities to expand its wealth management business after Swiss Credit Suisse Group sold its private bank in Germany to Bethmann Bank last month.
"Quiet" Mistry sees $2.8 billion wealth swell due to TCS rally
Pallonji Shapoorji Mistry was said to have earned $2.8 billion last year because of its holdings in Tata Consultancy Services Ltd and significant earnings in his construction group, Shapoorji Pallonji
Commodity hedge fund Higgs Capital winding down -founders
Commodity hedge fund Higgs Capital Management, which manages some $250 million, will wind down and return money to investors, its founders said in a note on Monday.
COMMODITY HEDGE FUND HIGGS CAPITAL MANAGEMENT WINDING DOWN, RETURNING MONEY TO INVESTORS - CO-FOUNDER
HIGGS HAD ROUGHLY $250 MLN UNDER MANAGEMENT, INVESTED ACROSS ENERGY, METALS AND AGRICULTURE
Arbitration panel orders Wells Fargo & Co to repurchase auction rate debt
A Financial Industry Regulatory Authority arbitration panel ordered the San Francisco-based brokerage unit of Wells Fargo & Co to buy back auction rate securities amounting to $94 million from its inv
German private equity firm Nordic Capital secures $4.8B for eight buyout fund
Frankfurt, Germany-based private equity firm Nordic Capital said on Friday it has raised €3.5 billion ($4.8 billion) for its eight buyout fund amid decreased volatility in Europe.
Toronto's McRock Capital initially closes Industrial Internet venture capital fund with $50 million
McRock Capital, an investment firm in Toronto, has initially closed its Industrial Internet venture capital fund with $50 million in a round led by BDC Venture Capital.
Credit Suisse names investment banker to lead Swiss ultra-rich clients
Credit Suisse is promoting veteran Swiss investment banker Thomas Gottstein to head up its ultra-rich clients business in Switzerland, highlighting the expertise increasingly sought by private banks t
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