Family offices have long been a significant force in the real estate investment landscape, and in recent years, their influence has only continued to grow. With their nimble structures and long-term investment horizons, single family offices (SFOs) are often able to move quickly and decisively in pursuit of prime real estate opportunities.
Let’s take a closer look at the top single-family offices investing in real estate, with AUM of $10 billion or less.
LEON HEALTHCARE PARTNERS
Leon Healthcare Partners, a subsidiary of Leon Capital Group, is a leading player in the healthcare services industry. As a part of a diversified holding company, Leon Healthcare Partners leverages its extensive experience and expertise in healthcare investments and partnerships to drive transformative change in the industry. The firm’s seasoned team combines deep industry knowledge with a global perspective, allowing them to navigate the complex healthcare landscape with precision and finesse.
What sets Leon Healthcare Partners apart is its reputation as a trusted partner in the healthcare industry. The firm adopts a collaborative approach, focusing on long-term partnerships based on mutual trust, transparency, and integrity. By tailoring strategies and solutions to meet the specific needs and goals of each partner, Leon Healthcare Partners ensures unparalleled support throughout the dealmaking process. From initial ideation to final implementation, the firm is dedicated to unlocking value for its partners and shaping the future of healthcare.
AUM: $10,000M
Wealth Origin: Real Estate
HILLSPIRE LLC
Hillspire is a comprehensive family office management firm that oversees the various endeavors of Eric and Wendy Schmidt, the notable individuals associated with Google. The company extends its services to include an array of ventures such as The Schmidt Family Foundation, the Schmidt Ocean Institute, and Schmidt Futures. With a global workforce of over 350 professionals, Hillspire ensures efficient support for all these activities.
Being an integrated family office management company, Hillspire takes charge of the diverse operations concerning Eric and Wendy Schmidt. This entails overseeing the Schmidt Family Foundation, the Schmidt Ocean Institute, and Schmidt Futures, along with providing assistance to more than 350 employees across the globe.
AUM: $10,000M
Wealth Origin: Software & Services
ELYSIUM MANAGEMENT LLC
Elysium Management operates as a single family office, primarily focusing on investment activities. The company’s investment arm collaborates with talented founders and competent management teams, aiming to develop and nurture businesses that possess long-term potential and value. By leveraging their expertise and resources, Elysium Management seeks to establish and support ventures that can flourish and sustain in the ever-evolving market.
AUM: $9,000M
Wealth Origin: Media & Entertainment
SHEPHERD KAPLAN KROCHUK, LLC
Shepherd Kaplan Krochuk, LLC (SKK) is a wealth management firm that specializes in alternative asset investment. The firm was previously known as GRT Capital Partners, LLC but underwent a name change in November 2017 after merging with Shepherd Kaplan, LLC (SK), a Boston-based Registered Investment Advisory firm. SKK now serves individuals, family offices, and institutions as the wealth management division of SK.
SK offers consulting and investment management services, helping clients effectively manage and protect their assets for the long-term. Additionally, SKK’s asset management division offers a range of creative solutions with the goal of providing investors with attractive risk-adjusted returns. As a privately-held firm, Shepherd Kaplan Krochuk, LLC prioritizes its clients by maintaining an ownership structure that encourages collaboration and puts clients’ needs first.
AUM: $8,905.69M
Wealth Origin: Financial Services
Firm Insights:
- Has 70.86% of their assets with Retirement Plans
- Works with high-net-worth individuals
- Lists 80.73% of their SMA assets with State Street
- Offers: Asset Management, Charitable Giving, and Estate Planning
- Advisory clients increased from 168 to 184
- Number of employees decreased from 39 to 38
- Total AUM increased 12.15% ($7,940,705,233 to $8,905,692,748)
DAVID & LUCILE PACKARD FOUNDATION
The David and Lucile Packard Foundation is a family foundation that follows the principles and values established by its founders, Lucile and David Packard, who were instrumental in establishing a global technology company. In line with their legacy, the foundation holds the belief that individuals who possess both talent and dedication, along with adequate resources and support, have the capacity to drive significant innovation and bring about long-lasting transformation. The foundation actively collaborates with various individuals and communities, aiming to generate enduring solutions for equitable societies and a sustainable natural environment.
AUM: $8,300M
Wealth Origin: Financial Services
