Featured Media
Stonehage Fleming win STEP Multi Family Office Team Award for 3rd Consecutive Year
We are delighted to announce that Stonehage Fleming has won the prestigious STEP (Society of Trust and Estate Practitioners) Private Client Award for Multi Family Office Team for the third consecutive year. The STEP awards are recognised as a mark of excellence amongst the global private wealth advisory community, with submissions subject to rigorous analysis by a panel of highly qualified independent judges.
As the largest Multi Family Office in the EMEA region and one of the largest in the world, we have exceptional experience in meeting the often complex needs of wealthy families. We are really proud to have received this independent endorsement of our capabilities from STEP for the second consecutive year and the third time in aggregate.
The Judges said: ‘Stonehage Fleming’s depth of talent, breadth of specialised platforms and services, and focus solely on family office services, set it apart from the others.’
Why you want a family office in your fund
It is that thoughtfulness that Clarke-Jervoise is known for among the GPs with whom Stonehage Fleming invests.
“Richard Clarke-Jervoise is a very knowledgeable, experienced private equity investor who has been around a long time and has a lot of sensible insights into what’s happening in the market,” Carter said. Collins agreed, describing Clarke-Jervoise as “an incredibly thoughtful investor” who is “always willing to take the time to offer advice or perspective on a particular market issue”.
“We appreciate the perspective of limited partners who invest across a number of different asset classes and are able to ‘see the forest through the trees’. Richard - and the team [at Stonehage Fleming] – are that kind of investor.”
Look out for the exclusive interview with Richard Clarke-Jervoise in the September issue of Private Equity International. Read more via Private Equity International
Stonehage Fleming win STEP Multi Family Office Team Award for 3rd Consecutive Year
We are delighted to announce that Stonehage Fleming has won the prestigious STEP (Society of Trust and Estate Practitioners) Private Client Award for Multi Family Office Team for the third consecutive year. The STEP awards are recognised as a mark of excellence amongst the global private wealth advisory community, with submissions subject to rigorous analysis by a panel of highly qualified independent judges.
As the largest Multi Family Office in the EMEA region and one of the largest in the world, we have exceptional experience in meeting the often complex needs of wealthy families. We are really proud to have received this independent endorsement of our capabilities from STEP for the second consecutive year and the third time in aggregate.
The Judges said: ‘Stonehage Fleming’s depth of talent, breadth of specialised platforms and services, and focus solely on family office services, set it apart from the others.’
Why you want a family office in your fund
It is that thoughtfulness that Clarke-Jervoise is known for among the GPs with whom Stonehage Fleming invests.
“Richard Clarke-Jervoise is a very knowledgeable, experienced private equity investor who has been around a long time and has a lot of sensible insights into what’s happening in the market,” Carter said. Collins agreed, describing Clarke-Jervoise as “an incredibly thoughtful investor” who is “always willing to take the time to offer advice or perspective on a particular market issue”.
“We appreciate the perspective of limited partners who invest across a number of different asset classes and are able to ‘see the forest through the trees’. Richard - and the team [at Stonehage Fleming] – are that kind of investor.”
Look out for the exclusive interview with Richard Clarke-Jervoise in the September issue of Private Equity International. Read more via Private Equity International
Committed capital fees ‘on the way out’
Charging management fees on capital that limited partners have committed to a fund but has yet to be invested is on the way out.
That was the prediction made by Richard Clarke-Jervoise, head of the private equity team at multi-family office Stonehage Fleming, in an exclusive interview with Private Equity International.
“I would be very surprised if in 10 years’ time much more than 50 percent of the asset class was charging on the basis of committed capital,” Clarke-Jervoise told PEI.
“It’s just such an anomaly within investment management as an industry. There are very good reasons for it, but I just think people will eventually say ‘we’re not prepared to pay for that’.”
Read more via Private Equity International
Stonehage Fleming Attracts Key Client Director
Stonehage Fleming, one of the world’s leading independently owned family offices, announces the appointment of Eva Sheppard as a Senior Director within the Investment Management division.
With over 20 years of industry experience, Eva joins Stonehage Fleming from EFG Private Bank where, as Senior Director, she spent five years managing a client portfolio of UK based high net-worth individuals and families. Prior to EFG, Eva looked after corporate and private client relationships for fifteen years at HSBC Private Bank and before that Svenska Handelsbanken, where she was Head of Individual Banking.
At Stonehage Fleming, Eva will work predominantly with one of the firm’s long standing family clients. She will be based in the firm’s London office and will report to Mark Sullivan, Partner.
Commenting on the appointment, Graham Wainer, CEO & Head of Investments London said: “Close relationships and a deep understanding of our clients is at the heart of Stonehage Fleming. Eva’s seniority, her reputation as a trusted adviser, and her experience working with families that span generations and geographies is synonymous with our approach to total wealth management. I am pleased to welcome her to Stonehage Fleming.
Eva Sheppard said: “Stonehage Fleming is truly a pioneer of the family office with its multi- disciplinary advisory model and impressive roster of large international clients. The needs of our clients are constantly evolving and we in turn need to offer broader servicers and a deeper understanding of the issues they may face. Stonehage Fleming is uniquely positioned with their distinctive integrated family office approach. It is an exciting time for the company and it gives me great pleasure to be a part of the journey.”
Committed capital fees ‘on the way out’
Charging management fees on capital that limited partners have committed to a fund but has yet to be invested is on the way out.
That was the prediction made by Richard Clarke-Jervoise, head of the private equity team at multi-family office Stonehage Fleming, in an exclusive interview with Private Equity International.
“I would be very surprised if in 10 years’ time much more than 50 percent of the asset class was charging on the basis of committed capital,” Clarke-Jervoise told PEI.
“It’s just such an anomaly within investment management as an industry. There are very good reasons for it, but I just think people will eventually say ‘we’re not prepared to pay for that’.”
Read more via Private Equity International
Stonehage Fleming Attracts Key Client Director
Stonehage Fleming, one of the world’s leading independently owned family offices, announces the appointment of Eva Sheppard as a Senior Director within the Investment Management division.
With over 20 years of industry experience, Eva joins Stonehage Fleming from EFG Private Bank where, as Senior Director, she spent five years managing a client portfolio of UK based high net-worth individuals and families. Prior to EFG, Eva looked after corporate and private client relationships for fifteen years at HSBC Private Bank and before that Svenska Handelsbanken, where she was Head of Individual Banking.
At Stonehage Fleming, Eva will work predominantly with one of the firm’s long standing family clients. She will be based in the firm’s London office and will report to Mark Sullivan, Partner.
Commenting on the appointment, Graham Wainer, CEO & Head of Investments London said: “Close relationships and a deep understanding of our clients is at the heart of Stonehage Fleming. Eva’s seniority, her reputation as a trusted adviser, and her experience working with families that span generations and geographies is synonymous with our approach to total wealth management. I am pleased to welcome her to Stonehage Fleming.
Eva Sheppard said: “Stonehage Fleming is truly a pioneer of the family office with its multi- disciplinary advisory model and impressive roster of large international clients. The needs of our clients are constantly evolving and we in turn need to offer broader servicers and a deeper understanding of the issues they may face. Stonehage Fleming is uniquely positioned with their distinctive integrated family office approach. It is an exciting time for the company and it gives me great pleasure to be a part of the journey.”
Stonehae Fleming appoints Chairman of Corporate Finance
With 30 years’ corporate finance advisory experience in the UK and internationally, Simon has led multiple transactions involving mergers and acquisitions, joint ventures, public and private equity fund raisings, debt financings and restructurings. Simon joins from PwC Corporate Finance in the UK, where he was a senior partner and led the public company advisory group, the real estate advisory group and the debt advisory business. Prior to joining PwC, he was a Director with NatWest Markets, based over many years in London, Tokyo and Hong Kong.
Simon’s clients have covered a wide range of industry sectors and have included FTSE100 and mid-market listed companies, private equity houses, family owned companies and family trusts. He is currently a Non-Executive Director of Churchill Retirement PLC and a Trustee of the Scar Free Foundation.
In this newly created role at Stonehage Fleming, Simon will work closely with Richard Hill, Chief Executive of Corporate Finance, and the existing team to provide advice to businesses and shareholders, including entrepreneurs and families, at every stage of the corporate lifecycle from acquisitions and capital-raising through to disposals and liquidity events. Simon will be based in the firm’s London office and will report to Anton Sternberg, CEO of the Stonehage Fleming Investments Division.
Commenting on the appointment, Anton Sternberg said: “Advising clients on their commercial interests, including businesses and privately held direct investments, is a core part of our total wealth offering. We are very pleased to have Simon join as Executive Chairman of our Corporate Finance team. He understands our integrated approach to wealth management and his experience in working with a wide variety of clients throughout his distinguished career will be an asset to the Group.”
“I am looking forward to working with Simon again, and drawing upon his experience as we grow the Division,” said Richard Hill, CEO of Corporate Finance at Stonehage Fleming. “We have built a service offering that differentiates Stonehage Fleming and which enables us to support and advise clients of the firm that own businesses or make direct private investments.”
Simon Boadle said: “Corporate Finance is a core part of the Group’s multi-disciplinary family office offering and I look forward to helping develop this business as an increasingly important part of the Group.”
Stonehae Fleming appoints Chairman of Corporate Finance
With 30 years’ corporate finance advisory experience in the UK and internationally, Simon has led multiple transactions involving mergers and acquisitions, joint ventures, public and private equity fund raisings, debt financings and restructurings. Simon joins from PwC Corporate Finance in the UK, where he was a senior partner and led the public company advisory group, the real estate advisory group and the debt advisory business. Prior to joining PwC, he was a Director with NatWest Markets, based over many years in London, Tokyo and Hong Kong.
Simon’s clients have covered a wide range of industry sectors and have included FTSE100 and mid-market listed companies, private equity houses, family owned companies and family trusts. He is currently a Non-Executive Director of Churchill Retirement PLC and a Trustee of the Scar Free Foundation.
In this newly created role at Stonehage Fleming, Simon will work closely with Richard Hill, Chief Executive of Corporate Finance, and the existing team to provide advice to businesses and shareholders, including entrepreneurs and families, at every stage of the corporate lifecycle from acquisitions and capital-raising through to disposals and liquidity events. Simon will be based in the firm’s London office and will report to Anton Sternberg, CEO of the Stonehage Fleming Investments Division.
Commenting on the appointment, Anton Sternberg said: “Advising clients on their commercial interests, including businesses and privately held direct investments, is a core part of our total wealth offering. We are very pleased to have Simon join as Executive Chairman of our Corporate Finance team. He understands our integrated approach to wealth management and his experience in working with a wide variety of clients throughout his distinguished career will be an asset to the Group.”
“I am looking forward to working with Simon again, and drawing upon his experience as we grow the Division,” said Richard Hill, CEO of Corporate Finance at Stonehage Fleming. “We have built a service offering that differentiates Stonehage Fleming and which enables us to support and advise clients of the firm that own businesses or make direct private investments.”
Simon Boadle said: “Corporate Finance is a core part of the Group’s multi-disciplinary family office offering and I look forward to helping develop this business as an increasingly important part of the Group.”