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Family offices managing investments

17 July 2019 | 1 minute watch

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Family offices managing investments
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Family offices managing investments

Note: We have provided a transcript of the video if you are unable to listen to the audio. This transcript is generated using a combination of speech recognition software and human transcribers and may contain errors.

Family offices have a choice as to how they manage investments on behalf of a family. Family offices may have a very light touch with investments. In other words they may have external investment managers that a family uses and the role of the family office is really to keep those investment managers, dare I say it, honest, and to keep tabs on how they are performing, what fees are being charged to the family, and holding regular meetings between the asset managers and family members. So if a family office is heavily involved in investments, the family office may be running in different investment programs. They may have a private equity program and that could be that the family is investing in private equity funds, they may be carrying out co-investments with those private equity managers, or they may just be buying single investment holdings which are unquoted and illiquid. That requires a high set of skill sets that would sit in the family office.

Jeremy Arnold discusses the choices available to a family office as to how it chooses to manage investments on behalf of a family which may vary from a 'light touch' approach to much more heavily invested, requiring a much higher skill set.


Note: We have provided a transcript of the video if you are unable to listen to the audio. This transcript is generated using a combination of speech recognition software and human transcribers and may contain errors.

Family offices have a choice as to how they manage investments on behalf of a family. Family offices may have a very light touch with investments. In other words they may have external investment managers that a family uses and the role of the family office is really to keep those investment managers, dare I say it, honest, and to keep tabs on how they are performing, what fees are being charged to the family, and holding regular meetings between the asset managers and family members. So if a family office is heavily involved in investments, the family office may be running in different investment programs. They may have a private equity program and that could be that the family is investing in private equity funds, they may be carrying out co-investments with those private equity managers, or they may just be buying single investment holdings which are unquoted and illiquid. That requires a high set of skill sets that would sit in the family office.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.

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