Tag: family office
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Ares Backs Dubai Multifamily Office in Gulf Private Credit Push
Gulf Private Credit Gains Momentum as Global Firms Look East The Gulf region is attracting increasing attention from global finance firms seeking private credit opportunities. In a notable move, Ares Management provided a $100 million facility to a Dubai-based multifamily office, signaling growing appetite for NAV financing and credit strategies that navigate the region’s evolving…
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Few heirs keep their parents’ wealth advisors, Cerulli study finds
Most heirs likely to retain some form of wealth guidance As the wealth transfer wave looms, a Cerulli Associates study reveals a nuanced picture: while more than $120 trillion is expected to pass from current owners to the next generation over the next 25 years, only a minority plan to keep their benefactors’ wealth advisors.…