5%
What are legacy assets?
Global family offices typically have at least five percent of their investment portfolio vested in long-dated, alternative investments, where visibility is lacking, and an exit is being impaired by an external party.
Most often known as “legacy assets”, these investments will be challenging for family office principals and investment teams to manage. Across the universe of global family offices, this five percent represents an asset class in its own right. Amid rising interest rates, volatile geopolitics, and intergenerational succession, resolving legacy asset issues has become a major priority for leading family offices.
Emissary is a trusted advisor to family offices recovering value from their legacy asset positions. We provide an interdisciplinary team of highly-skilled professionals who help clients understand the nature and condition of their legacy asset positions, map the universe of options to realise value, and execute a clear plan to recovery, markdown, or exit.
At the core of our business is the trust that clients place in our judgement and our ability to find actionable pathways to resolution in challenging cases.