Tag: High-net-worth individual

BusinessInnovation

Asset Management Industry Shifts Toward Unified Public-Private Investment Models

The traditional divide between conventional and alternative asset management is dissolving as firms create integrated investment solutions. Industry reports indicate this convergence could unlock trillions in capital movement as investors seek blended approaches.

Industry Convergence Reshapes Asset Management Landscape

The asset management industry is undergoing a fundamental restructuring as firms break down traditional barriers between public and private market strategies, according to recent analysis. Sources indicate this shift toward integrated, outcome-driven solutions represents one of the most significant transformations in wealth management in decades.

by Aaron Blake
Business AcquisitionEconomy and Trading

Global Ultra-Wealth Hits $60 Trillion as Younger Generations Reshape Investment Strategies

The global population of ultra-high-net-worth individuals has reached over 510,000 people controlling nearly $60 trillion in combined assets. According to new data, younger generations are rapidly changing investment approaches, favoring technology, venture capital, and lifestyle assets over traditional holdings.

Global Wealth Concentration Reaches New Heights

The world’s wealthiest individuals now control approximately $60 trillion in combined assets, according to reports from Altrata’s World Ultra Wealth Report 2025. Sources indicate that 510,810 ultra-high-net-worth individuals (UHNWIs) – each with assets exceeding $30 million – collectively hold wealth equivalent to double the entire US GDP. This represents a significant concentration of global resources among a relatively small population segment.

by Gabriel Novak
Business AcquisitionFinance

Rockefeller Capital Management Secures $6.6 Billion Valuation with Chanel Family Office Backing

Rockefeller Capital Management has secured backing from Chanel dynasty’s family office and other ultra-wealthy investors, reaching a $6.6 billion valuation. The wealth management firm plans expansion into new markets and international wealth management partnerships following the recapitalization.

Rockefeller Capital Management has achieved a landmark $6.6 billion valuation through a major recapitalization backed by the Chanel dynasty’s family office and other ultra-wealthy investment firms, according to an exclusive CNBC interview with CEO Greg Fleming. The wealth management firm, which originated from John D. Rockefeller’s family office, has more than doubled its valuation from $3 billion in 2023 through this strategic funding round that positions it for significant expansion in domestic and international markets.

Recapitalization Details and Investor Profile

by Aaron Blake