We created this article as part of our research process for our European single family office database. Here, we are highlighting three exciting family offices from London.
According to a study by the Sunday Times, London is the world capital of the super-rich. More than seventy billionaires live in the area of the Thames metropolis. Accordingly, a number of important single family offices are also based in London. We present three exciting family investment vehicles from London below.
1. Corniche Group
The Corniche Group is the family office of Hani Farsi, a Saudi Egyptian entrepreneur living in the UK. It was founded in 2007 and today bundles the entire investment activities of the Farsi family. It owns a group of companies that pursue business activities in the fields of media, logistics, investments and energy. In addition to its headquarters in London, the family office has further offices in Monaco and Jeddah. Its main areas of activity are urban planning, real estate, property development, the arts and philanthropic activities.
2. Kohli Ventures
Kohli Ventures is the family office and investment vehicle of the enigmatic entrepreneur Tej Kohli. The businessman with Indian roots has had a career marked by ups and downs. He became rich in the years after the millennium with online payment services. In 2006, he gave up a large part of his companies, and Kohli Ventures, among others, was founded with the proceeds of the sale. The investment vehicle operates in three fields: Private market investments, “control-oriented” investments, and exponential growth investments. In private market investments, investments are made through funds, including Elon Musk’s Spacex. “Control-oriented” investments are made in biotech companies and business models in B2B and B2C e-commerce. Growth investments target AI, robotics, and e-sports companies.
3. Manzanita Capital LLP
Manzanita Capital was founded in 2001. The firm acts as the investment platform and family office of American entrepreneur and billionaire William S. Fisher, who is also CEO of Manzanita Capital. Fisher is part of an American entrepreneurial dynasty that struck it rich with the U.S. retail conglomerate Gap Inc. Gap is the leading specialty retailer of apparel and accessories in the United States. Manzinata Kapital acts as an early-stage investor and provides venture capital to companies in the beauty industry to build their business. Investments are made in business models in the luxury and premium segment, preferably in market niches. One example is the investment in Susanne Kaufmann Kosmetik GmbH, an Austrian online provider of holistic natural cosmetics.
Image source: Charles Postiaux