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Family Office

All articles tagged with #family office

Jim Chanos, Enron's Fall Predictor, Closes Hedge Funds After 38 Years

Originally Published 2 years ago — by CNBC

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Source: CNBC

Renowned short seller Jim Chanos is converting his hedge fund, Chanos & Co., into a family office and advisory business, returning external capital to investors. The move comes as assets managed by Chanos & Co. have significantly declined to below $200 million from $6 billion in 2008. Chanos, known for his successful bet against Enron, is transitioning to the family office model amidst a strong stock market rally in 2023. He had previously made short bets on Tesla, citing rising competition in the electric vehicle market.

Family Office Executive Predicts Bleak Future for Stocks and Real Estate.

Originally Published 2 years ago — by CNBC

Featured image for Family Office Executive Predicts Bleak Future for Stocks and Real Estate.
Source: CNBC

Candice Beaumont, the head of a $1.5 billion family office, has warned that the worst is yet to come for stocks and real estate. She believes that the market is currently in a bubble and that investors should be cautious. Beaumont suggests that investors should focus on alternative investments such as private equity and venture capital.