What happens to family office if the family's enterprise goes bankrupt?
First glance obviously they will pull investments to get liquidity / fund dying company, but could also be argued that the liquidated asset go to the family office's AUM? Anyone has seen this happen? For those working at FOs (hedge fund style), how do you factor the success of its family business into the decision choosing which FO to work for?
Maybe you can provide DIP financing and take over the family.
I would say in the high majority of cases family offices that operate as a fully functional investment companies have already diversified enough away from their one original financial source that the failing of the original business wouldn’t bring down the empire completely.
Wdym, as in taking outside client capital?
Aliquam dicta cum ex ut autem quo eaque. Quae tempora animi non eos aliquid et. Ullam omnis voluptate et laboriosam aut. Id quis aut qui aut in qui et.
Cupiditate necessitatibus veritatis est. Quidem deleniti accusantium ullam explicabo.
Illo consequatur est aut porro hic. Ut vel dicta vel cupiditate modi in aperiam eos. Explicabo ratione nostrum eligendi libero aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...