Venture Capital
Asia Pacific and North American business families of wealth have powered the record-breaking growth of family offices by more than one-third in only two years to manage $5.9 trillion in assets. Campden Research estimated this week there were 7,300 single family offices worldwide, up a significant 38% from 2017. The largest proportion was of those 7,300 family offices was based in North America (42% or 3,100 offices), followed by Europe (32% or 2,300 offices), Asia Pacific (18% or 900 offices), and the emerging markets of South America, Africa and the Middle East (8% or 600 offices).