Sandaire Investment Office

Sandaire Investment Office is an investment office that delivers tailored investment portfolios and solutions for wealthy families and foundations.[1] The firm serves 45 families and manages in excess of £3bn in assets.[2][3][4][5]

Sandaire
TypePrivate Company
IndustryInvestment Management
PredecessorLord North Street, SandAire
Founded1996
FounderAlex Scott
Headquarters
London
,
United Kingdom
Number of locations
105 Wigmore Street, Marylebone, London, United Kingdom
OwnerCazenove (subisidiary of Schroders)
Number of employees
1 - 50
Websitehttp://sandaire.com/ http://sandaire.com/blog/

The firm, which is based in Marylebone, London, United Kingdom was founded in 1996. In 2012, the company opened an office in Singapore which acts as a hub for its activities in Asia.[6][7]

History

The firm was founded by Alex Scott to manage the wider Scott family's wealth following the sales of Provincial Insurance and Exeter Bank. The family had owned Provincial Insurance and Exeter Bank for five generations and collaborated with economist John Maynard Keynes in its development.[8]

Scott is the Chairman of Sandaire and remains the Non-Executive Director of his family's investment holding company and Director of several private companies. He is also a Trustee of The Grosvenor Estate, Chairman of Wheatsheaf Investments and co-founded the Institute for Family Business (UK).

Merger with Lord North Street

In 2014, SandAire merged with Lord North Street, also a multi-family investment office based in London and founded by barristers Adam Wethered and William Drake in 2000. The firms re-branded as Sandaire Investment Office in early 2015.[9][10][11][12][13][14]

Acquisition by Schroders

Schroders subsidiary Cazenove bought London-based Sandaire in September 2020.[15]

References
  1. Newswire, MultiVu - PR. "SANDAIRE AND DELANCEY LAUNCH MOUNT KENDAL IN SINGAPORE AND HONG KONG, OFFERING A UNIQUE REAL ESTATE INVESTMENT ADVISORY SERVICE TO ASIAN INVESTORS". Multivu. Retrieved 2018-05-18.
  2. "A Cautious and Careful Approach to Private Equity". Financial Advisor IQ. 2015-07-22. Retrieved 2016-08-16.
  3. "Head to head: how do UK and US family offices compare?". Citywire. 2015-08-12. Retrieved 2016-08-16.
  4. Alison Ebbage (2016-03-11). "Family Office: The purpose/cost equation". Campden FB. Retrieved 2016-08-16.
  5. "The rise of ESG funds: how green should your portfolios be?". Citywire. 2015-12-10. Retrieved 2016-08-16.
  6. Marissa LeeThe Straits TimesSaturday, Apr 18, 2015 (2015-04-18). "Super-rich Asians draw multi-family financial firms, News, News, AsiaOne Business News". Business.asiaone.com. Retrieved 2016-08-16.CS1 maint: multiple names: authors list (link)
  7. "Sandaire Investment Office". Sandaire.com. Retrieved 2016-08-16.
  8. Yuri Bender (2015-10-23). "Sandaire Investment Office's community spirit". FT.com. Retrieved 2016-08-16.
  9. "Profile: how Sandaire plans to build on its Lord North Street merger". Citywire. 2015-04-09. Retrieved 2016-08-16.
  10. "Lord North Street and SandAire agree merger". FTAdviser.com. 2014-03-27. Retrieved 2016-08-16.
  11. Ceri Jones (2015-10-23). "Cost challenges drive mergers". FT.com. Retrieved 2016-08-16.
  12. "Combined multi family office unveils new brand". Campden FB. 2015-03-06. Retrieved 2016-08-16.
  13. "Pioneers of Multi-family Office Sector to Create Major Combined Force /PR Newswire UK/". united kingdom, switzerland, singapore: Prnewswire.co.uk. Retrieved 2016-08-16.
  14. Dennys, Harriet. "City Diary: Mulberry boss packed his bags in haste". Telegraph. Retrieved 2016-08-16.
  15. Press Release: Schroders grows Cazenove Capital’s leading position in the UK Ultra-High-Net-Worth sector with acquisition of family office specialist Sandaire sandaire.com, retrieved 28 September 2020.
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