Direct Investing Is Rising Among Family Offices

Direct Investing Is Rising Among Family Offices

Wealthy families are investing directly in private technology companies through single-family and multi-family offices in rising numbers as these offices become more sophisticated, according to a study released on Friday by Fintrx, a Boston-based data and research...
EssiLux case calls $8.5 billion GrandVision bid into question

EssiLux case calls $8.5 billion GrandVision bid into question

EssilorLuxottica (ESLX.PA) said on Monday that GrandVision’s (GVNV.AS) actions during the coronavirus crisis could provide grounds for ending a 7.2 billion euro ($8.5 billion) takeover of the Dutch eyewear stores operator. The French-Italian maker of Ray-Ban told a...
Abu Dhabi’s Mubadala reports 7% stake in Virgin Galactic

Abu Dhabi’s Mubadala reports 7% stake in Virgin Galactic

Abu Dhabi state fund Mubadala Investment Co on Friday reported an over 7% stake in space tourism company Virgin Galactic Holdings Inc. The state-owned company disclosed a 7.08 per cent stake, or 14.88 million shares, in the aerospace company, according to a regulatory...