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Ben Brazil, who helped turn Macquarie Group Ltd.’s leasing and lending business into a major earnings driver, has built up almost $2 billion in funds to target distressed assets.
The estates serving the monarch have seen their net values rise about 80 per cent on average over the past decade, thanks to rising land and property prices across the UK.
The Geneva-based firm intends to roughly double its team of about three-dozen people to boost offerings in private debt, venture capital and private equity.
Srichand Hinduja, co-chairman and patriarch of a sprawling global business empire that produced one of the world’s largest family fortunes, has died. He was 87.
For decades, Srichand Hinduja served as the patriarch of a sprawling business empire behind one of the world’s biggest family fortunes with origins dating back more than a century.
UBS Group AG’s family office clients have increased allocations to hedge funds as they focus on active ways of managing their money to help navigate the shifting macroeconomic landscape.