{"id":43893,"date":"2019-12-04T12:21:40","date_gmt":"2019-12-04T10:21:40","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/family-offices-the-new-private-equity-firms\/"},"modified":"2019-12-04T12:21:40","modified_gmt":"2019-12-04T10:21:40","slug":"family-offices-the-new-private-equity-companies","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/family-offices-the-new-private-equity-companies\/","title":{"rendered":"Family offices \u2014 the new private equity firms?"},"content":{"rendered":"

Prof. Dr. Nadine Kammer\u00adlan\u00adder<\/strong> \u2014 Head of the Chair and the Insti\u00adtute for Family Busi\u00adnesses at WHU \u2014 Otto Beis\u00adheim School of Manage\u00adment, Vallendar<\/p>\n

Anto\u00adnia Schi\u00adckin\u00adger<\/strong> \u2014 Docto\u00adral Candi\u00addate at the Insti\u00adtute for Family Busi\u00adness at WHU \u2014 Otto Beis\u00adheim School of Manage\u00adment, Vallen\u00addar, Germany<\/p>\n","protected":false},"excerpt":{"rendered":"

Are family offices the better private equity firms? Or is direct invest\u00adment by family offices a tempo\u00adrary pheno\u00adme\u00adnon that will soon be over due to the alle\u00adged lack of profes\u00adsio\u00adna\u00adlism of family busi\u00adnesses? A wide variety of opini\u00adons prevail on this issue and are inten\u00adsi\u00advely discus\u00adsed by the media as well as at confe\u00adren\u00adces. In the follo\u00adwing, after a brief intro\u00adduc\u00adtion to the topic, we would like to provide an over\u00adview of our rese\u00adarch findings on the topic of direct invest\u00adments by family offices.<\/strong><\/p>\n

Family offices are only slowly turning to the field of direct invest\u00adment, at least in Europe. Why is that? In contrast to the Ameri\u00adcan market, family offices are a rela\u00adtively new pheno\u00adme\u00adnon in Europe. It is true that there were alre\u00adady noble fami\u00adlies in the Middle Ages who had achie\u00adved wealth through trade and had it mana\u00adged and increased in Family Office-like struc\u00adtures. Howe\u00adver, these struc\u00adtures disap\u00adpeared again into obli\u00advion for seve\u00adral centu\u00adries, as corre\u00adspon\u00adding asset manage\u00adment tasks were taken over by private banks.<\/p>\n","protected":false},"featured_media":40918,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2463,2499,2501],"product_tag":[1526,1633,1655,1660,1666],"class_list":{"0":"post-43893","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2020-en","8":"product_cat-prof-dr-nadine-kammerlander-en","9":"product_cat-antonia-schickinger-en","10":"product_tag-private-equity-en","11":"product_tag-family-offices-en","12":"product_tag-prof-dr-nadine-kammerlander-en","13":"product_tag-antonia-schickinger-en","14":"product_tag-whu-otto-beisheim-school-of-management-en","15":"pa_ausgabe-deutsch-en","16":"pa_ausgabe-englisch-en","18":"first","19":"instock","20":"taxable","21":"shipping-taxable","22":"purchasable","23":"product-type-variable"},"yoast_head":"\nFamily offices - the new private equity firms? - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/family-offices-the-new-private-equity-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family offices - the new private equity firms? - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Are family offices the better private equity firms? Or is direct investment by family offices a temporary phenomenon that will soon be over due to the alleged lack of professionalism of family businesses? A wide variety of opinions prevail on this issue and are intensively discussed by the media as well as at conferences. In the following, after a brief introduction to the topic, we would like to provide an overview of our research findings on the topic of direct investments by family offices. Family offices are only slowly turning to the field of direct investment, at least in Europe. Why is that? In contrast to the American market, family offices are a relatively new phenomenon in Europe. It is true that there were already noble families in the Middle Ages who had achieved wealth through trade and had it managed and increased in Family Office-like structures. 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