From Wikipedia, the free encyclopedia
Sandaire Company type Private Company Industry Investment Management Predecessor Lord North Street, SandAire Founded 1996 Founder Alex Scott Headquarters London
, United Kingdom
Number of locations
105 Wigmore Street, Marylebone, London, United Kingdom Owner Cazenove (subisidiary of
Schroders ) Number of employees
1 - 50 Website
http://sandaire.com/
http://sandaire.com/blog/
Sandaire Investment Office is an
investment
office that delivers tailored
investment
portfolios and solutions for wealthy
families and
foundations .
[1] The firm serves 45 families and manages in excess of £3bn in assets.
[2]
[3]
[4]
[5]
The firm, which is based in
Marylebone ,
London ,
United Kingdom was founded in 1996. In 2012, the company opened an office in
Singapore which acts as a hub for its activities in
Asia .
[6]
[7]
History
The firm was founded by Alex Scott to manage the wider Scott family's wealth following the sales of Provincial Insurance and Exeter
Bank . The family had owned Provincial Insurance and Exeter Bank for five generations and collaborated with
economist
John Maynard Keynes in its development.
[8]
Scott is the Chairman of Sandaire and remains the Non-Executive Director of his family's investment holding company and Director of several private companies. He is also a Trustee of The Grosvenor Estate, Chairman of Wheatsheaf Investments and co-founded the Institute for Family Business (UK).
Merger with Lord North Street
In 2014, SandAire merged with Lord North Street, also a multi-family investment office based in London and founded by barristers Adam Wethered and William Drake in 2000. The firms re-branded as Sandaire Investment Office in early 2015.
[9]
[10]
[11]
[12]
[13]
[14] [
excessive citations ]
Acquisition by Schroders
Schroders subsidiary Cazenove bought London-based
Sandaire in September 2020.
[15]
References
^ Newswire, MultiVu - PR.
"SANDAIRE AND DELANCEY LAUNCH MOUNT KENDAL IN SINGAPORE AND HONG KONG, OFFERING A UNIQUE REAL ESTATE INVESTMENT ADVISORY SERVICE TO ASIAN INVESTORS" . Multivu . Retrieved 2018-05-18 .
^
"A Cautious and Careful Approach to Private Equity" . Financial Advisor IQ. 2015-07-22. Retrieved 2016-08-16 .
^
"Head to head: how do UK and US family offices compare?" . Citywire. 2015-08-12. Retrieved 2016-08-16 .
^ Alison Ebbage (2016-03-11).
"Family Office: The purpose/cost equation" . Campden FB. Retrieved 2016-08-16 .
^
"The rise of ESG funds: how green should your portfolios be?" . Citywire. 2015-12-10. Retrieved 2016-08-16 .
^ Marissa LeeThe Straits TimesSaturday, Apr 18, 2015 (2015-04-18).
"Super-rich Asians draw multi-family financial firms, News, News, AsiaOne Business News" . Business.asiaone.com. Archived from
the original on April 19, 2015. Retrieved 2016-08-16 . {{
cite web }}
: CS1 maint: multiple names: authors list (
link ) CS1 maint: numeric names: authors list (
link )
^
"Sandaire Investment Office" . Sandaire.com. Retrieved 2016-08-16 .
^ Yuri Bender (2015-10-23).
"Sandaire Investment Office's community spirit" . FT.com. Retrieved 2016-08-16 .
^
"Profile: how Sandaire plans to build on its Lord North Street merger" . Citywire. 2015-04-09. Retrieved 2016-08-16 .
^
"Lord North Street and SandAire agree merger" . FTAdviser.com. 2014-03-27. Retrieved 2016-08-16 .
^ Ceri Jones (2015-10-23).
"Cost challenges drive mergers" . FT.com. Retrieved 2016-08-16 .
^
"Combined multi family office unveils new brand" . Campden FB. 2015-03-06. Retrieved 2016-08-16 .
^
"Pioneers of Multi-family Office Sector to Create Major Combined Force /PR Newswire UK/" . united kingdom, switzerland, singapore: Prnewswire.co.uk. Retrieved 2016-08-16 .
^ Dennys, Harriet.
"City Diary: Mulberry boss packed his bags in haste" . Telegraph. Retrieved 2016-08-16 .
^
Press Release: Schroders grows Cazenove Capital’s leading position in the UK Ultra-High-Net-Worth sector with acquisition of family office specialist Sandaire sandaire.com, retrieved 28 September 2020.