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Cathie Wood is the founder and chief executive officer of Ark Invest, an assetmanagementcompany focused on disruptive technologies like blockchain and cryptocurrency. HNWI assets : Financial assets owned by high-net-worthindividuals (HNWI), a term usually applied to people with at least $1 million in investments.
But even within a family office, a billionaire can direct financial experts to purchase specific company shares. A prime brokerage A prime brokerage is a group of services offered to ultra-high-net-worthindividuals (UHNWI) or hedge funds.
Canada’s Sagard Holdings is launching a private equity fund aimed at retail investors, marking a significant move as alternative assetmanagers expand their focus beyond institutional clients and ultra-high-net-worthindividuals, according to a report by Wealth Management.
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