Family office investing: Expanding from managing family capital to building an investment fund

Edward Marshall is joined by Andrew Braithwaite, who co-leads the direct private investing efforts at The Cynosure Group, a prominent Utah-based family-backed investment firm. Prior to Cynosure, Andrew was an investment banker at Barclays and private equity professional at The Carlyle Group. They discuss how a family office manages the direct investing process, as well as the benefits family offices achieve when they seek out opportunities to invest together. They also talk about how the family office direct investment domain compares to the private equity approach. Andrew also details how a family office evolves from managing its own capital to partnering with others to raise a committed capital fund.