Piers Dunhill, Founder - Dunhill Ventures
Steve Loader
Dunhill heir helping to develop financial ‘soft power’ of world’s wealthy families
PROMISING start-up businesses often struggle to fund potentially world-changing tech projects, due to turbulence in traditional banking and venture capitalism since the turn of the millennium.
Some have been helped by crowdfunding – a popular avenue for capital in the USA – but a well-connected British entrepreneur is also introducing promising companies to the sometimes unnoticed yet powerful world of family offices.
These private wealth management vehicles are each established by a ultra-high-net-worth family to deliver services typically including investment management, financial planning, estate and tax planning, philanthropic investing, and concierge services. Each one would typically administer at least $50 million worth of assets.
But Piers Dunhill, Chairman of Dunhill Ventures, believes that such offices have been missing a cond...
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