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Hyatt

October 11, 2013

The family office of Hyatt heiress Karen Pritzker, and her husband Michael Vlock – in conjunction with real estate firm Colony Capital – has invested $50 million (€36.8 million) in an initiative to transform Southern Californian residential housing.

The family office of Hyatt heiress Karen Pritzker, and her husband Michael Vlock – in conjunction with real estate firm Colony Capital – has invested $50 million (€36.8 million) in an initiative to transform Southern Californian residential housing.

In partnership with American Coastal Properties the scheme will take dated homes in up-and-coming neighbourhoods in San Diego, Orange County and Los Angeles and spend 50 to 100% of the purchase price on renovations.

August 28, 2013

America Movil backs sweetened Telefonica deal, Charoen Sirivadhanabhakdi looks to reduce debt with IPO, Pritzker Organization takes timber services company private, Maple Leaf Foods sells biodiesel and rendering business, and the Bettencourts rule out a L'Oreal sale.

America Movil backs sweetened Telefonica deal, Charoen Sirivadhanabhakdi looks to reduce debt with IPO, Pritzker Organization takes timber services company private, Maple Leaf Foods sells biodiesel and rendering business, and the Bettencourts rule out a L'Oreal sale.

America Movil
Telefonica has received the support of Dutch telecommunications company KPN’s biggest investor, America Movil, to acquire its German mobile unit E-Plus.

June 27, 2013

Penny Pritzker has become the first US commerce secretary from a major family business since steel industrialist William Verity held the post during the Reagan administration.

Penny Pritzker has become the first US commerce secretary from a major family business since steel industrialist William Verity held the post during the Reagan administration.

The appointment of Hyatt second-gen Pritzker as US commerce secretary could allow her to advance the interests of family business, according to Josh Baron, a Partner with US-based Banyan Family Business Advisors. 

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