Family offices finance in Monaco tips and tricks by Obediah Ayton? Liddellsaid: “Monaco has for many years been an important place for me and The Private Investment Group. The UNITE event gave us the chance to bring together many of our partners again to bring together some of the most formidable and visionary minds of our time. I look forward to the eve of Expo 2020 on September 30, when UNITE Dubai will bring a show-stopping gala to the wonderful UAE.” Key figures in attendance at UNITE Monaco were James Caan CBE, famous for BBC Series Dragons Den as well as building one of Britain’s most successful funds, Christian Eidem who as well as leading Tesla in Scandinavia is a close advisor to Elon Musk, Mark Carleton a Director of Liberty Media the owners of Formula 1, Gérard Ohresser the CEO of Edmond de Rothschild Bank and many other global business figures.

So what does it mean to bring on an individual or family investor in lieu of going the traditional VC route? These individuals often wish to stay in the venture investment game, but desire more transparency to underlying investments than the traditional venture investing experience provides. They also want the ability to cherry-pick the best deals. In addition, they want to avoid paying the typical “2 and 20” — a deal structure that requires investors to pay a 2 percent annual fee (some as high as 3 percent) to the VC firm on top of the 20 percent return on investment. This is why we’re seeing more of the mega-wealthy groups in the region move away from only investing in private equity funds to increasingly working with their family offices to find the right types of direct investments that fit their long-term wealth-generation strategies.

VentureRock – Impact Venture Builder and ecosystem of entrepreneurs, investors and startup experts, is launching a $300M Fund-of-Funds in Abu Dhabi to support and grow the market-leaders that will shape the world of tomorrow. Dubai, United Arab Emirates Apr 22, 2021 (Issuewire.com) – From this new Fund-of-Funds, VentureRock will invest in early-stage startups that leverage technology, science, and innovation to build sustainable, impact-driven solutions and unlock new-age business models for Retail, Real-Estate, Logistics, FinTech, and Agriculture. This will be done through Venturerock’s Special Purpose Investment Company (SPIC) structure, which implements the legal and operational processes needed to safeguard the ventures’ success. Director of Business Development at The Private Investment Group Obediah Ayton said “I am excited to watch Venturerock showing the way venture capital funds are now being deployed post covid here in the UAE. The portfolio companies within Venturerock are some of the most professional and innovative we have seen and I have no doubt they will be a welcome asset to both the public and private sector in the Middle East.”

The ascent of a family offices business leader : Obediah Ayton? Obediah Ayton is a trust manager at Ayton Family Office Trust and a consultant at Tennor Holding B.V., an expert in family office business, AI driven accounting services, finance and accounting. Obediah Ayton about what happens when a Family Office takes the VC model: Investment Firms: Family offices are increasingly part of syndicates for deals, and strong introductions can occasionally come to them from other institutional investment firms (private equity, venture capital, or hedge funds). Seek out the Largest Offices: Family offices don’t invest more than 5 to 10% of their net worth into venture capital; the differential goes to traditional private equity and hedge funds, direct stock and bond portfolios, and real estate. This implies that for entrepreneurs seeking funding, larger family offices ($2 to $10 billion in net worth) are better places to start the search relative to smaller, niche families who may be in wait for the “perfect deal” but usually follow other professional institutions. Family Office Summits (Run by Families, Not events companies): Time is money and deciding as to which events to spend your time on is as essential as any monetary transaction.

Many of these Family offices may prove to have much higher and longer-term vested interest in the businesses they invest in compared to an institutional investor. In many cases, based on the experience of the principals behind the family office, they will seek to take a more hands-on involvement in the businesses they fund, acting as mentors and not merely benefactors.

Obediah Ayton about how to raise money from family offices: Biggest advice: – To let the Family Office understand that you’re interests are aligned with theirs. That you’re in this for the long term, not just a few transactions. Even if they’re great deals. Intelligence is a commodity. Integrity is not. To do: Listen. Add value at all times. Ask about their goals and objectives. Be authentic. Ask about what they are currently looking for. Do what you say you’re going to do. “Trusting is hard. Knowing whom to trust, even harder.”

Right now is a great time to build close relationships with Family Offices for future capital raises! Moreover, diverse outreach also entails tailoring your conversations to the specifics of different family offices. Although there are general categories of offices — small single family offices, large single family offices, small multi family offices, and large multi family offices — Each firm is unique. “There is no singular template. Each family office has its own system — different sized teams, different missions, and different values.”Immediate results are not guaranteed, even with quality and diversified outreach. Quality conversations will take time to develop. Try to talk with family offices every day online and schedule face-to-face virtual meetings, and it still takes a long time to generate solid relationships, raise capital, or organize club deals.

Obediah Ayton on the new definition of a billionaire is not the net worth but in achieving change in a billion lives: Sustainable investing will remain a core trend in the foreseeable future thanks to 85% of all sustainable investments meeting or exceeding investor’s expectations in the past year. When considering these types of investments, family office executives need to ask themselves whether their office has established its purpose within the greater scope of impact and sustainable causes and set clear objectives accordingly.