6 Additional Family Office Profiles updated to the MarketCurrents Database
March 17, 2023
The MarketCurrents Data service furnishes you with information regarding the data points of the most affluent families and investors worldwide. Recently, our database has been updated with six more family office profiles. Here’s a summary of these updated family office profiles.
In March 2016, Françoise Bettencourt Meyers and Jean-Pierre Meyers founded Tethys Invest as a subsidiary of Tethys, the largest shareholder of L’Oréal. Tethys Invest functions as an investment firm that specializes in making long-term direct investments in entrepreneurial ventures. The company caters to clients located in France and invests in industries that do not pose competition to L’Oreal. Tethys Invest purchased a stake in Sezane, a retailer that has been in operation for a decade, in conjunction with private equity firm General Atlantic in the previous year. Additionally, the firm invested in the French private hospital operator Elsan in 2017. L’Oreal dividends partially fund the company’s activities.
The Thayans Family Office is a privately held single family office located in Jersey, which collaborates closely with a well-established and highly successful entrepreneurial family. It’s primary focus is to provide services that include mentoring for family members, educational support, and the pursuit of philanthropic objectives. Moreover, it has demonstrated a commendable track record in the area of healthcare property development and care home operations.
BOELS & Partners is a Dutch Family Office that specializes in the acquisition of medium-sized family businesses facing special situations in BENELUX, Germany, and German-speaking countries. Such situations may include unresolved succession or insolvency. The organization’s responsible management team boasts a wealth of investment and restructuring experience, spanning over 35 years. Recently, BOELS & Partners successfully acquired the ‘Retail Lighting’ business operations of the insolvent BARO GmbH & Co KG (BARO) in March 2023.
The PIC Group is a family office that owns operating companies, as well as multiple minority equity positions in businesses that complement their operating companies. These include companies in the Ag industry, healthcare industry, and other long-term strategic relationships. Their most recent investment was in Three Farmers on May 3, 2022. As a private equity firm, PIC invests in equity to foster entrepreneurship and promote the growth of existing businesses. Leveraging their extensive networks and contacts, the organization actively seeks out investment opportunities in various companies.
Segnalita is a venture capital firm based in Wattens, Austria, that was founded in 2016. The organization prioritizes the creation of sustainable values and seeks to establish long-term partnerships that extend beyond mere financial gains. On September 21, 2022, Segnalita made its most recent investment, providing €11 million in funding for Prewave. Segnalita invests in entrepreneurs who demonstrate passion, courage, and creativity in their endeavors.
The Tattarang investment group, owned by the Forrest family, is among the largest private investment groups in Australia. The group comprises five business divisions, namely Fiveight, Harvest Road, Squadron Energy, Wyloo Metals, and Z1Z. The group is committed to investing for growth and actively seeks investment opportunities in both listed and unlisted markets over extended periods. On February 22nd, 2023, Tattarang made a momentous announcement regarding an investment in One Circular Quay, which will lead to the creation of Australia’s inaugural Waldorf Astoria hotel. This investment will act as an anchor for a novel civic and retail complex in the center of Australia’s most heavily populated metropolis.
MarketCurrents Data provides extensive information about Global Single-Family Offices, making it an excellent source for learning more about the family office profiles mentioned above.
