Catch up on the latest investment news on these industry giants & the inclusion of two Single Family Office profiles in the MarketCurrents Database
May 26, 2023
MarketCurrents Data offers up-to-date information on the activities of family offices, including their latest investments, relevant contact information, and other pertinent details. To learn more about the listed below Global Single-Family Offices, head to MarketCurrents Data, your source for Data and Private Wealth Intelligence.
In May 2023, DNS Capital, the investment office and internal merchant bank for Gigi Pritzker, Michael Pucker, and their immediate family, participated in a Series B funding round for Hero Bread. The funding round raised $15 million, bringing Hero Bread’s total funding to $47.5 million since its establishment in 2021 by CEO Cole Glass. Hero Bread specializes in providing low-carbohydrate and zero-sugar bread, croissants, tortillas, and buns, as stated in the company’s official announcement.
Investor Mohamed Mansour’s family office, Man Capital, is making a significant investment in a newly established Major League Soccer team located in San Diego. The team, set to play their matches at Snapdragon Stadium, will be jointly owned by Man Capital and the Sycuan Band of the Kumeyaay Nation. This ownership stake marks a historic moment, as the Sycuan Band of the Kumeyaay Nation becomes the first Native American tribe to have ownership in a professional football team in the United States. Mohamed Mansour has long been involved in the sports industry, and through Man Capital, he owns Right to Dream, a global soccer community focused on identifying and nurturing talent through academies, clubs, and partnerships. Man Capital was founded in 2010.
In May 2023, the Chona Family Office made an investment in Kreo, a consumer electronics brand that specifically caters to gamers and creators. KREO, in a press release, stated that the funds raised will be utilized for brand development, product innovation, supporting growth initiatives, and expanding the team. KREO specializes in offering innovative and user-friendly electronics for content creators and gamers. Their current product lineup includes lighting and audio products, tripods, and various accessories. The Family Office, managed by Ankit Chona (previously associated with Havmor Ice-cream Limited), is actively involved in investing across different asset classes, including public and private equity, fixed income, real estate, global markets, and commodities.
Founded in Seattle, Graham Capital Group is a family office investment business that offers a genuinely unique value proposition within the current private equity market. Their primary objective is to acquire and collaborate with traditional small to middle-market firms and their management teams, aiming to create and build long-term value. With a focus on sustainability and growth, Graham Capital Group is committed to fostering strategic partnerships that drive success for their portfolio companies.
With a legacy dating back to the late 1970s, the Hibbs family office has been actively involved in the realms of real estate, technology companies, startups, and the stock market. Nestled in Seattle, Washington, this small family office primarily focuses on investments in real estate development and technology ventures. Their overarching goal is to establish a strong groundwork for future generations of the Hibbs family, while simultaneously making a positive impact on the community through charitable contributions and donations.
MarketCurrents Data provides extensive information about Global Single Family Offices, making it an excellent source for learning more about the family office mentioned above.
