Chicago, Illinois (PRWEB) November 13, 2012
Linda Mack, founder and president of Mack International, moderated a panel discussion during the Campden European Family Office Conference on November 8, 2012 at One Whitehall Place, London.
The conference theme, “Managing risk and seizing opportunities: Strategies for creating a sustainable portfolio and generating growth” attracted more than 150 family principals and family office executives from around the world for three days of discussions on issues and opportunities critical to the family office sphere.
Linda Mack moderated the panel titled A Strategy for Growth? Entrepreneurialism and Venture Capital, which discussed the future potential and responsibility of private capital in promoting growth, and, more specifically, the role of family offices in stimulating the economy. Panelists included Anis Asghar, CEO, Liberty Capital, UK; Sam Desimpel, Managing Director, Tosalu NV Belgium; and Sabine Kaiser, Investment Director, BTV Group, Germany.
The panelists began with a brief review of their history of investing in the venture capital space, a summary of trends they observe in the market and their perspective on the key drivers of those trends.
We discussed key motivators that influence family office investment in the venture capital space, said Mack. These included support of entrepreneurialism and promoting entrepreneurial economic growth, as well as socially responsible and impact investing in areas like clean technologies. And, of course, every venture capital investor hopes to be the first to find the next Google or Facebook.
According to Mack, The panelists shared their rationale for pursuing a direct vs. fund investment approach to venture capital. They also discussed key selection and due diligence criteria that enables them to succeed and avoid pitfalls in venture capital investments. Finally, the panel shared stories regarding what has worked, what has not and why, including advice and recommendations regarding what families should consider if they are contemplating investing in venture capital.
The 2012 European Family Office Conference was Campden Conferences fourteenth private meeting for family principals and family office executives to discuss issues critical to the family office sphere. Campden Conferences have featured sessions on international private wealth, investment styles and strategies, how family offices can improve their operational effectiveness, opportunities associated with investing in emerging markets, alternative investments, real estate, global credit and fixed income markets along with numerous other asset types.
Mack International, LLC, headquartered in Chicago, is a global retained search and consulting firm serving clients in the family office/wealth management industry on a national and international basis. For more information, visit http://www.mackinternational.com or call 800.976.0015.
