A newsletter series by our Private Enterprise team sharing insights on developments in the family offices market
The novel coronavirus (COVID-19) outbreak has disrupted businesses and markets around the world. In many ways family offices (FOs) are facing the same challenges as other businesses. Depending on the size and scope of an FO, there are different issues that need to be considered by its family members and executives.
The issues relating to the roles and functions of an FO include investment and liquidity, information technology and cyber security as well as plans for business continuity, business recovery, and philanthropy. There are also issues relating to the structure and operation of an FO for long-term sustainable growth, whether in good times or bad.
In this series, we will share our observations and insights on issues involving FO executives to help you navigate this challenging moment.