The heirs of billionaire investor James Goldsmith are shuttering pieces of the firm that manages their wealth and hiring new staff as part of a shakeup for one of Europe’s biggest finance fortunes.
Cavamont Holdings, the Goldsmith dynasty’s family office, closed a Hong Kong investment unit this year and is winding down a similar Swiss entity, according to registry filings, altering arrangements that oversaw assets for the Anglo-French investor’s descendants for more than a decade.
Tom Joy, 53, a former Schroders Plc executive, has joined Cayman Islands-based Cavamont as chief investment officer, according to people with knowledge of the ...
