Tue, Jul 17, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Family governance, legacy and dynastic vision: Tapping and maintain human and intellectual capital of a family

Tuesday, December 26, 2017

Komfie Manalo, Opalesque Asia:

Governance is essential to the sustainability of a family legacy to ensure that the family remains a productive steward of wealth that can support successive generations, said Katie Booth, managing director of private wealth consultancy firm Katie Booth Limited. She adds that The Bahamas wants to further differentiate itself in the global family office universe and demonstrate its client-centric approach.

Speaking at the latest Opalesque Family Office Roundtable, Booth said governance is not just about legal asset holding vehicles for personal and business wealth but also about a broader family governance. This can include the drafting of family constitutions and the creation of governance vehicles that enable a family to organize themselves in such a way that they can truly establish a dynastic multi-generational vision.

She stated, "The governance I am talking about involves a careful analysis of the human and intellectual capital of the family; looking at the interpersonal relationships, understanding the vision of the patriarch or matriarch and how the rest of the family relate to that vision.

"Governance is about finding consensus within the family, identifying those aspects of the succession plan where there is a lack of consensus or clarity and determining how to ensure that the family become productive stewards of the wealth and the family's......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Bill Ackman is betting big on himself[more]

    From the NY Post: Bill Ackman can thank ADP, Chipotle for his comeback Bill Ackman's next big investment is himself. Since the end of May, Ackman has purchased $292 million worth of shares of Pershing Square Holdings - the publicly traded vehicle of his hedge fund, according to a statement r

  2. Comments - The problems hedge funds and PE firms have connecting with the super rich and single-family offices[more]

    From Forbes.com: The world of the super-rich (net worth = $500 million or more) and their single-family offices is expanding at a tremendous rate. This growth correlates to the increase in the growth of extreme wealth. What is very telling is that a large percentage of the super-rich are highly moti

  3. Andreessen Horowitz's cryptocurrency fund makes its first investment, The media challenge for cryptoasset investors[more]

    Andreessen Horowitz's cryptocurrency fund makes its first investment After the launch of a blockchain and crypto-focused hedge fund, Silicon Valley investment houseAndressen Horowitz (A16Z) has announced a $45 million funding in blockchain-based privacy emphasized cloud project "Oasis La

  4. Blackstone, Goldman Sachs take minority stake in Francisco Partners[more]

    Komfie Manalo, Opalesque Asia: Hedge fund managers Blackstone Alternative Asset Management and Goldman Sachs Asset Management (GSAM) took a minority

  5. Ackman's comeback: How to ride his revival[more]

    From Barrons: Bill Ackman has endured a humbling three years: big public losses, an exodus by investors, and what a CEO calls an "ass-whooping" in an activist campaign. Now, the hedge fund titan could be making a comeback. Ackman's publicly traded investment vehicle, Pershing Squar