The number of family offices start ups is growing at a rapid rate. From Wall Street to Hollywood both domestically and globally families are setting up family offices. As well, Hedge Funds that need to avoid regulatoryscrutiny are forming family offices. Family Office Networksis the leading on-li
Family offices have existed for over a century and have been formed to implement very important and complex objectives, including investment management, corporate succession, estate, gift and income tax planning, and charitable giving issues that are important to the members of the family. Since
Norwegian family office Ferd Capital has sold five companies to Nordic investment house Verdane Capital, in an effort to focus on larger and more mature companies.
In a statement, Ferd Capital, owned by the Andresen family, said the sale of five software and energy companies would “free