A third-generation family office with diversified holdings spanning real estate, private equity, and operating businesses across six jurisdictions engaged us to design a succession framework.
The founding generation sought to transition ownership to twelve family members across two branches, each with differing levels of involvement and divergent preferences regarding future involvement.
The family office faced significant governance challenges requiring comprehensive intervention:
We designed and executed a comprehensive succession framework:
Comprehensive interviews with all twelve family members to understand individual objectives, risk tolerances, and visions for future involvement.
Separated economic interests from management participation with protected holding structure for passive interests and operating equity with governance rights for active family members.
Established Family Council, Advisory Board with independent perspectives, and clear succession protocols. Developed Next Generation Development Programme.
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