Family Office CIO Role 'Is Rapidly Evolving': Brendan MacMillan, Akkad Capital Partners | Exclusive Q&A
Brendan MacMillan is chief investment officer at Akkad Capital Partners, a single-family office based in New York. In this interview, MacMillan discusses why risk management is the integral component to family office investing and how family offices pioneer new strategies that are later adopted by other institution types.
Private equity funds and platform startups dominated the venture space in April. Ride-hailing unicorn Lyft closed a $600 million funding round, 16 months after its last $1 billion series F led by General Motors. Private equity giant KKR participated in the latest round, along with venture capital firms Baillie Gifford, AllianceBernstein and Graphene Ventures. Private equity funds also led several other top deals of the month. Here is a quick summary of the 10 biggest venture deals closed in April.
Stephen Chang is the chief investment officer of LBCW Private Holdings, a family office based in suburban Philadelphia. He is also the founder and managing partner of Acrewood, which invests on behalf of successful, first-generation wealthy individuals, exclusively providing asset-backed principal participations with their peer group of established and serial entrepreneurs. Mr. Chang was recently named on Trusted Insight <a href="https://www.thetrustedinsight.com/rankings/top-30-family-office-investors/">Top 30 Family Office Investors</a>. He graciously spoke with us on November 28, 2016.
<p dir="ltr">Right before the end of 2016, the venture capital world saw some of the year’s biggest deals closed, including SoftBank’s $1.2 billion in Virginia-based Internet service provider OneWeb (the second round of investment the company has raised) and the other $1.2 billion funding, led by Silver Lake Partners and China Investment Corp., in Chinese lifestyle information platform Koubei.com (owned by Alibaba). Here is a quick summary of the ten biggest venture deals in December.</p>
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news from the previous day. Here are the stories you may have missed:
Hong Kong has a special place in Asia’s financial landscape. As a former British colony for nearly 100 years, Hong Kong was the only capitalist economy in the greater China area for decades, and from it sprung a plethora of modern family businesses. Like their western counterparts, some of the biggest players today run family offices. In part one of Hong Kong’s Single-Family Offices, Trusted Insight highlights single-family offices that stem from homegrown, multi-generational family enterprises.
Family Offices are shrouded in secrecy and operate outside the purview of the public and most regulation. What you may not know is family offices often collaborate with other family offices on investment opportunities. Here are three excerpts from exclusive Trusted Insight interviews on the subject of family office collaboration: