The Liquidity Reckoning and the Governance Era of Private Wealth
Howard Marks rejects the Treasury's rate experiment, Blackstone collapses private markets into one fund, and family offices abandon funds for direct control.
LumenNext Intelligence
Member Insights
Research and perspectives on the issues shaping the global private wealth landscape.
The Debasement Trade and the Rewiring of Global Family Wealth
Gold's August surge, Howard Marks' shift to credit, India's family office boom, and China's new offshore trust rules are redefining global wealth preservation.
Portfolio Recalibration and the New Geography of Private Wealth
Hong Kong rewrites family office tax rules, CRS 2.0 activates globally, and UBS data shows the largest single-family-office portfolio restructuring on record.
LumenNext: A Private Council for the World’s Wealth Creators
Introducing LumenNext - a selective private membership council for ultra-high-net-worth entrepreneurs, wealth creators, and single-family offices. Confidential monthly gatherings, curated global intelligence, candid peer dialogue on wealth, family, and legacy.