Michael Foster

Of late, there’s been no shortage of banks and consultants continuing to urge family offices to invest in private assets. But recent events at Thames Water suggest the tide has turned. 
Might family offices, one day, use AI to select their private assets, to avoid drowning in an ocean of opportunities?
The marketing spiel which active managers use to capture business from investors is under threat, as critics use AI-fuelled research to throw doubt on their claims
Research funded by donations from real estate billionaire Donald Bren is starting to show the potential of satellites beaming down solar energy from orbit. Its impact is too early to call
Family offices are requesting seats on the board at asset manager GAM Holding to stop a proposed $93 million takeover bid by London-based rival Liontrust
Not content with being trounced by the index, 90% of asset managers are producing marketing material which is routinely ignored by fund buyers, several of whom advise family offices
Time and again, advisers argue that when you meet one family office, you’ve only met one family office. This can be true as far as their priorities, pay and personalities are concerned.
New York’s largest commercial landlords have suffered an 80% collapse in their shares over five years, as family offices wonder whether debt-burdened downtown offices are becoming a less attractive recovery b…
All too many family offices depend on VC firms to find them deals,  assuming they are willing to get involved right now.
Lightmatter has won the support of family capital to produce computer chips which use light to produce AI solutions.  The venture raised $154 million by June, taking its total haul to $257 million.
In 1992, just over thirty years ago, lenders were stunned by the collapse of property giant Olympia & York, owned by Canada’s Reichmann family, following its failure to service debts of $20 billion.
Interest in direct and co-investing has slumped, according to a survey of 120 family offices managing $243 billion by BlackRock, the world’s largest asset manager.