Dubai's 16Th Global Family Office Investment Summit October 2021
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
High Res. Dubai
Al Ras Al Ras Map of Dubai Corniche The Palm Deira The World The Palm Jebel Ali W a t e r f r o n t Peninsula Riviera The Palm Jumeirah Spear Fishing DIVE CENTER Bali Marina Red Sea Downtown Atlantis Maledives South Africa Snorkler`s Cove A Palau Academy r Cayman Islands JEBEL ALI HARBOUR a DUBAI Madinat Al Arab West b Breakwater MARITIME East i Breakwater CITY Uptown Helicopter a Pad n Jebel Ali Golf Resort Dubai East G S & Spa u he Cart Club Hassah l ik f h Z Marina Reclamation aye DUBAI MARINA d Bund f R oad His Highness The Resort the Ruler`s Garden Great l Belize Container Terminal Golf Course JEBEL ALI PORT u Palm Barrier G Dubai Trump Int`l Reef Hassah Hotel & Tower Dry PORT RASHID Tanker Berth n Palace a Coaster Al Shindagha No. 1 A b i Berth Caltex r a Refinery Docks Boulevard Department of Exchange Air Products East Ports and Customs j Road halee Wharf Al K Heritage & Bin Diving Village Sh Al Arco Port Administration Al Shindagha Suroor Sheikh Saeed ind Dubai Beach Market Mosque House T a Dubai t u g e n h Dubai Marine e n a r Deira Fish, Meat & Diving Beach Resort t el Al Ghuba S Vegetable Market West Private & Spa Swedish iba Roa Centre d h a Consulate D92 l Emirates Island a H.H. The Rulers F AL MINA l Wharf Science Ban oad Deira Guesthouse A iyas R Club Bus Station Highland Hotel Al Khor Str. -
The-Single-Family-Office-Book.Pdf
i Family Office Help Line: (212) 729-5067 THE SINGLE FAMILY OFFICE Creating, Operating & Managing Investments of a Single Family Office By Richard C. Wilson Billionaire Family Office | Family Offices Group Association ii iii Family Office Help Line: (212) 729-5067 This book is dedicated to my amazing daughters Bella & Maya Wilson. iv v Family Office Help Line: (212) 729-5067 Table of Contents Chapter Page Preface 5 Part 1: Single Family Office Fundamentals 7 Chapter 1: Introduction to Single Family Offices 9 Chapter 2: Single Family Office Talent & Teams 17 Chapter 3: Single Family Office Operations 35 Chapter 4: Single Family Office Governance 47 Part 2: Starting a Single Family Office 59 Chapter 5: Creating Your Family Compass 61 Chapter 6: Starting a Single Family Office 69 Chapter 7: Partners, Vendors, & Service Providers 87 Chapter 8: Investment Committees & Advisory Boards 93 Part 3: Single Family Office Investment Portfolios 109 Chapter 9: Family Office Investment Management 111 Chapter 10: Investment Fund Manager Selection & Monitoring 113 Chapter 11: Direct Investing & Operating Businesses 131 Chapter 12: Co-Investing & Club Deals 171 Chapter 13: Real Estate Investments and Hard Assets 191 Part 4: Single Family Office Best Practices & Models to Emulate 205 Chapter 14: $1 Billion+ Single Family Offices 207 Chapter 15: Intergenerational Money Management 227 Chapter 16: Converting from a Single Family Office into a Multi-Family Office 233 Chapter 17: Outsourced Chief Investment Officers 243 Chapter 18: Virtual Family Offices 247 Chapter 19: The Future of the Single Family Office Industry 261 vi vii Acknowledgements The Single Family Office book would not have been possible to write without the help of many smart and dedicated professionals. -
Q&A with Denmark West
SEPTEMBER 2017 V OL. 5 | ISS U E 134 R E P O R T Q&A with Denmark West. Founding Partner of Connectivity Capital Partners (“CVF”). Principle Series: Family Office Insights sits down with Denmark West, Founding Partner of Connectivity Capital Partners & CIO of Connectivity Ventures Fund, to discuss the early stage, mission-oriented fund of CVF that works to improve the human condition in the areas of health, finance, and work. Family Office Insights is a voluntary, “opt-in” collaborative peer-to-peer community of single family offices, qualified investors and institutional investors. If you care to learn more, and perhaps join the community, you are welcome to visit us here at FamilyOfficeInsights.com. P AGE 1 Q: Tell us about your background and your company, Connectivity Capital Partners. A: I started in investment banking after graduating from Harvard and focused on technology. I quickly realized I actually wanted to work inside the technology industry. So while still in my twenties, I found a role at Microsoft, where I had the opportunity to work directly with top executives including CFOs Greg Maffei and John Connors, and CEOs Bill Gates and Steve Ballmer among others. I was tasked with leading some strategic projects, ranging from Software as a Service to Open Source Software, which shape my thinking even today. I was also given the opportunity to lead internet infrastructure investments within a nascent corporate ventures effort. I led investments in Akamai (IPO), InterVU (sold to Akamai), and iBeam (IPO) among others. In 2004, Viacom recruited me to lead strategy and business development. -
Apollo Global Management Announces Conclusion and Release of Independent Review
Apollo Global Management Announces Conclusion and Release of Independent Review NEW YORK – January 25, 2021 – Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that the Conflicts Committee of the Board of Directors has completed its previously announced independent review of Chairman and CEO Leon Black’s previous professional relationship with Jeffrey Epstein and publicly released the review’s findings. At a regularly scheduled Board meeting in October 2020, Mr. Black requested the Conflicts Committee, comprised of independent directors, retain outside counsel to conduct an independent and thorough review. The Committee subsequently retained Dechert LLP (“Dechert”), a leading global law firm. Michael Ducey, Chair of the Conflicts Committee said, “On behalf of the Board, we want to thank Dechert LLP for conducting a timely and thorough review. We are releasing the report and findings in its entirety in the interest of being fully transparent to all of our stakeholders.” Key findings of the Dechert report include: • Apollo never retained Epstein for any services and Epstein never invested in any Apollo- managed funds; • Epstein regularly advised Mr. Black on trust and estate planning, tax issues, philanthropic endeavors, and the operation of his Family Office; • All fees paid to Mr. Epstein by Mr. Black or his Family Office were for bona fide tax, estate planning and other related services, and the amounts were intended to be proportional to the value provided by Mr. Epstein; • Epstein’s advice was vetted by respected professional advisors; and • Dechert found no evidence that Mr. Black was involved in any way with Mr. -
Brands to Riches Anthony Liddiard CEO RMAL Hospitality
Brands to riches: Anthony Liddiard CEO RMAL Hospitality 29/10/09 12:37 PM WELCOME Inspiring us - Mark Norris CLIENT PROFILE Brands to Riches - Anthony Liddiard LEADING STORIES Born to Fly - Michael Helling Hotelier, Madame Leo - Grace Leo Star Bright - Chris Durant Leveraging Good - Vicki Gordon Leader & Gentleman - Harry Murray MBE Tigers & Taj Mahal - Liam Lambert Design Control - Duncan Palmer ONE TO WATCH A Brilliant Move – Brian Williams NETWORKS HR in Hospitality – Jane Sunley BOOK CLUB A History of Modern Britain INSIDE PROFILE Africa Calling - Gina McAdam Leader Home | Profile Main Site | Print page | Mail a friend BRANDS TO RICHES April 2008 Edition of LEADER October 2008 Edition of LEADER In just two years, RMAL Hospitality March 2009 Edition of LEADER has managed to lure a fistful of world-class brands to the Middle East. It’s only the beginning, CEO Anthony Liddiard tells Leader. Link What else, apart from being bywords for quality, do wagamama, Fairmont, Trader Vic’s, Trader Vic’s Sign up for Profile LEADER Mai Tai Lounge, Frankie’s Italian Bar and Grill, and Marco Pierre White’s Steakhouse & Grill have in Leader common? In the UAE, they’re all part of Abu Dhabi- Journal based RMAL Hospitality’s growing portfolio of franchised restaurants and luxury hotels. Back Issues Name: Las Vegas grand dames MGM Grand and Bellagio will soon follow suit. ‘We’ve signed the contracts,’ E-Mail Address: says Anthony Liddiard, the 30-year hospitality veteran hand-picked by the giant Al Fahim Group to run RMAL Hospitality, their dedicated hotel and restaurant development business launched in 2007. -
2015 Media Kit ®
MAKE GROW LIVE CURATOR Learjet Turns 50; Luxury How Foundations Can Self-Defense for 2014; Eight Super Fast Sedans MAKE GROW LIVE CURATOR W Living at Disney World; Earn a Profit; Investing in Top 10 Influential Art and Sports Cars; Surprising The 10 Smartest Employee How to Invest in a 10 Questions for Your NetJet’s New Beauty Why Tech is Beating the Caspian Sea; Galleries; Wine’s New Whiskies from Japan; New W Benefits; Marissa Mayer’s Restaurant; Avoiding Nanny; The World’s Takes Flight; Napa’s Wall Street Fishing for Science Power Brokers Classics from Burger Boat Road to Yahoo’s Top Job; 2013’s Tax Cliff; The 10 Greatest Hotels; How to Unconventional Cabernets; How to Vanish Online Most Popular Tax Havens Fix a Bad Back (Overseas) The Power Suit for Fall ® ® THE EVOLUTION OF FINANCIAL INTELLIGENCE the evolution of financial intelligence 100 THE 100 MOST POWERFUL PEOPLE P IN FINANCE 100 THE 100 MOST POWERFUL PEOPLE PIN FINANCE WORTH.COM worth.com 26VOLUME 22 | EDITION 05 20volume 21 | edition 05 COVER_WOR20_ms.indd 1 9/25/12 11:38 AM MAKE GROW LIVE CURATOR MAKE GROW LIVE CURATOR Why Private Aviation is Top 10 Art Sales of 2013; 10 Classic American Designing Your Own Top 10 Venture Capitalists; Investing in Healthcare; How to Survive a Perfect Fall Fashion; W Soaring; How to Reinvent What Financial Credentials Restaurants; Six Artisans of Ferrari; Crafting Personal W Manhattan’s Hot New How to Buy a Winery; Hurricane; Best Cigar The World’s Largest Casinos; Making Furniture Really Mean; How to Bespoke; Talking Watches Whisky in Scotland; The Whisky Bar; Six Startups Expert Lessons from the Lounges; 10 Great Autumn Catamaran; The Beauty of with Thos. -
Future Finance & Investment Chapter
FUTURE FINANCE & INVESTMENT CHAPTER MEMBERS FUTURE FINANCE & INVESTMENT CHAPTER MEMBERS OF THE GRI GLOBAL COMMITTEE FUTURE FINANCE & INVESTMENT CHAIRPERSON VICE-CHAIR Audrey Klein Peter Plaut Head of Investor Relations (Funds) Executive Director Kennedy Wilson Wimmer Family Office Investor Relations (Funds) Investor - Family Office Kennedy Wilson is a global real estate operator. We focus Wimmer Family Office offers both bespoke investment portfolio on multifamily, office and industrial properties located in the solutions for family offices and high net worth individuals as Western U.S., U.K., Ireland and Spain. Headquartered in Beverly well as its core investment trend following strategy through the Wimmer Wealth Protection Fund. Hills, CA, and London, UK, Kennedy Wilson has 16 global offices. Audrey Klein is the Head of Fundraising for Kennedy Wilson Europe. Prior to Peter Plaut is an Executive Director at Wimmer Family Office focused on origination, this she held Head of Fundraising roles at several firms but is best known for researching and structuring private debt and equity transactions across a broad range starting the European business out of London for the Park Hill Real Estate of industries including specializing in real estate across the residential, office and hotel Group, a Division of Blackstone, which she ran for 9 yrs. Prior to joining Park and hospitality sectors. Minimum transaction size is $100mm to well over $1 billion. Hill, she ran her own business for 5 yrs marketing alternative asset funds Mr. Plaut is consistently recognized as a leader in the industry. Among his many across all asset classes including private equity, real estate and hedge funds achievements and awards, he was ranked as one of the Top 20 Rising Stars of Hedge to European investors comprised of pension funds, banks, family offices and Funds during the 2008 financial crisis –a recognition of his ability to manage through high net worth individuals. -
Hospitality Projects 1
HOSPITALITY PROJECTS 1 Project Title Location Value (USD mm) Redevelopment of Gulf Hotel Abu Dhabi, UAE 500 Emirates Airlines Park Hotel Dubai, UAE 400 Taj Exotica Resort & Spa Dubai, UAE 325 Fairmont Hotel Abu Dhabi, UAE 300 Park Rotana Hotel Abu Dhabi, UAE 200 Rotana Hotel Baghdad, Iraq 150 Lagoona Beach Hotel Ajman, UAE 150 Ritz Carlton Hotel Doha, Qatar 135 Sea View Club Dubai, UAE 135 Djibouti Kempinski Hotel Djibouti, Africa 120 Mina Al Fajr Resort Fujairah, UAE 110 Seaview Resort Dubai, UAE 100 Al Raha Beach Sheraton Hotel Abu Dhabi, UAE 95 Westin Hotel Dubai, UAE 80 Grovesnor House Hotel Dubai, UAE 65 Marsa Shams Resort Syria 60 Centro Hotel Dubai, UAE 55 Hotel at Al Muraqqabat Street Dubai, UAE 55 Bonnington Hotel Dubai, UAE 45 Jumeirah Business Bay Hotel Dubai, UAE 45 Luxury Beach Resort Dubai, UAE 45 Holiday Inn Hotel Dubai, UAE 40 Hotel & Cinema Building Dubai, UAE 40 Le Meridien Aqah Hotel Fujairah, UAE 40 Link View Apartments Dubai, UAE 40 Movenpick Hotel at JBR Dubai, UAE 40 Royal Meridien (Abu Dhabi Grand) Abu Dhabi, UAE 40 Ibis & Novotel Hotels Dubai, UAE 35 Beach Hotel Abu Dhabi, UAE 30 Marriott Hotel Dubai, UAE 30 Sheraton Jumeirah Beach Dubai, UAE 25 Oasis Beach Hotel Dubai, UAE 23 Marriott Hotel Yemen 20 1 HOSPITALITY PROJECTS 2 Project Title Location Value (USD mm) Hill Hotel Abu Dhabi, UAE 17 Hilton Hotel Yemen 15 HEALTHCARE PROJECTS Project Title Location Value (USD mm) Al Zahra Hospital - Dubai Dubai, UAE 150 Corniche Paediatric Hospital Abu Dhabi, UAE 150 Al Zahra Hospital - Sharjah Sharjah, UAE 100 Sheikh Khalifa -
Turning Ideas to Gold
TURNING IDEAS TO GOLD Perspectives on Venture Capital for Indian Family Offices Summary 10K 140+ ~20% $30Bn Expected number of ultra- Formalised Family Offices in Portfolio allocation towards Indian Family Offices are high net worth individuals India that preserve, enhance, Alternative assets (which estimated to contribute 30% of (net-worth > US$ 30M) in and transition UHNI wealth includes PE/VC) by Indian the estimated $100Bn to be India by 2024 Family Offices raised by Indian startups by 2025 55K 485 bps 9 12 Number of start-ups launched Higher IRR generated by VC Levers through which VC Crucial checks across team in India. Home to 56 unicorns, and PE funds raised during funds generate value for their skills, fund reputation, investment India has added 14 new periods of economic crises GPs – including relationships, strategy, funding capability and unicorns by May 2021 already relative to the average VC/PE expertise and processes past returns generated while returns over the period 1995- selecting a fund GP 2016 © 256 Network © Praxis Global Alliance | 1 A new generation of Indians is growing their wealth UHNIs in India expected to have ~US$ 700B wealth by 2024, India expected to have ~10K UHNIs by 2024, ~2X of 2019 figures ~1.6X of 2019 No of UHNIs in India UHNI wealth in India 2014-2024P US$ B, 2019-2024P 707 10,354 CAGR CAGR 10% 12% 440 5,996 CAGR 3,061 14% 2014 2019 2024P 2019 2024P Notes(s): UHNIs refers to individuals with net worth > US$ 30M, CAGR for UHNI wealth estimated on the basis of past trends from 2013-18 Source(s): The -
Political Parties and Commissions Such As the National Commissions for Elections in the Countries Covered by the Report
t ١ The Caucus For Women Politicians in the Arab Region 2 The Annual Report On The Status Of Women In Politics wthin The Arab Region The Caucus For Women Politicians in the Arab Region 3 The Annual Report On The Status Of Women In Politics wthin The Arab Region The Caucus For Women Politicians in the Arab Region List of Contents: Launching Statement of The Caucus for Women Politicians in the Arab Region…………...................................................................................................…....5 Research Methodology.................................................................................6 Chapter One...................................................................................................8 Women’s status within Constitutions and Electoral laws Chapter Two.................................................................................................27 Legislative Elections in the Moroccan Kingdom During 2016 Chapter Three...............................................................................................53 Observational report on the Parliamentary Elections in Jordan from a Gender Perspective in 2016 Chapter Four.................................................................................................67 Kuwaiti Parliamentary Elections During 2016 4 The Annual Report On The Status Of Women In Politics wthin The Arab Region The Caucus For Women Politicians in the Arab Region Launching Statement of The Caucus For Women politicians in the Arab Region The Arab Region is currently going through -
Almas Tower 1 Almas Tower
Almas Tower 1 Almas Tower Almas Tower ﺑﺮﺝ ﺍﻟﻤﺎﺱ The Almas Tower General information Status Complete Type Commercial Location Dubai, United Arab Emirates Coordinates 25°04′08.25″N 55°08′28.34″E Construction started 2005 Completed 2008 Opening 2009 Height [1] Architectural 360 m (1,181 ft) [1] Top floor 279.3 m (916 ft) Technical details [1] Floor count 74 (68 above ground, 5 basement floors) [1] Floor area 160,000 m2 (1,700,000 sq ft) [1] Lifts/elevators 35 Design and construction Owner Dubai Multi Commodities Centre [1] Architect Atkins Middle East [1] Developer Nakheel Properties [1] Main contractor Taisei Corporation Almas Tower 2 Diamond Tower) is a supertall skyscraper in JLT Free Zone Dubai, United Arab ﺑﺮﺝ ﺍﻟﻤﺎﺱ :Almas Tower (Arabic Emirates. Construction of the office building began in early 2005 and was completed in 2009 with the installation of some remaining cladding panels at the top of the tower. The building topped out at 360 m (1,180 ft) in 2008, becoming the third-tallest building in Dubai, after Emirates Park Towers and Burj Khalifa. Almas Tower has 74 floors, 70 of which are commercial alongside four service floors. The tower is located on its own artificial island in the centre of the Jumeirah Lakes Towers Free Zone scheme, the tallest of all the buildings on the development when completed. It was designed by Atkins Middle East, who designed most of the JLT Free Zone complex. The tower is being constructed by the Taisei Corporation of Japan in a joint venture with ACC (Arabian Construction Co.) who were awarded the contract by Nakheel Properties on 16 July 2005.[2] Dubai Multi Commodities Centre (DMCC), the owner of the tower, was the first to move in. -
EVERSENDAI CORPORATION BERHAD EVERSENDAI ENGINEERING FZE EVERSENDAI ENGINEERING LLC EVERSENDAI Offshore SDN BHD Plot No
Towering – Powering – Energising – Innovating Moving to New Frontiers MANAGEMENT SYSTEMS EXECUTIVE CHAIRMAN & GROUP MANAGING DIRECTOR’s MESSAGE TAN SRI A.K. NATHAN Moving To New Frontiers The history of Eversendai goes back to 1984 and As we move to new frontiers, we are certain we after three decades of unparalleled experience, will be able to provide our clients the certainty and engineering, technical expertise and a strong network comfort of knowing that their projects are in capable across various countries, we are recognised as a and experienced hands. These developments will leading global organisation in undertaking turnkey complement our vision, mission and core values and contracts; delivering highly complex projects with simultaneously allow us to remain one of the most innovative construction methodologies for high rise successful organisations in the Asian and Middle buildings, power & petrochemical plants as well as Eastern Region and beyond with corresponding composite and reinforced concrete building structures efficiency and reliability. in the Asian and Middle Eastern regions. The successful and timely completion of our projects We have a dedicated workforce of over 10,000 accompanied by soaring innovation, creativity and people and an impressive portfolio of more than 290 our aspiration to move to new frontiers have been the accomplished projects in over 14 different countries key drivers for achieving continuous growth through with 5 steel fabrication factories located in Malaysia, the years and we remain committed to these values. Dubai, Sharjah, Qatar and India, with an annual This stamps our firm intent to dominate the various capacity of 150,000 tonnes. With our state-of-the-art industries which we are involved in and also marks steel fabrication factories, we have constructed some the next phase in our development to be amongst the of the world’s most iconic landmark structures.