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Billionaire buys auction house for $3.7b

by Andrea Zander | Jun 17, 2019

Sotheby’s, one of the world’s largest brokers of fine and decorative art, jewelry, real estate and collectibles, has accepted a merger from telecommunications billionaire and art collector Patrick Drahi.
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Goldman Sachs to combine four units worth $140b in total assets

by Andrea Zander | Jun 17, 2019

Goldman Sachs has plans to merge four separate private-investment groups into one unit in an attempt to generate steadier income and make itself more attractive to investors, reported The Wall Street Journal, citing people familiar with the matter.
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Family offices move into private investments

by Released | Jun 13, 2019

Family offices are continuing to move into private investments with a third of overall portfolios allocated to private equity (17 percent) and real assets (16 percent).
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