The Essential

Are Family Offices Trading Freedom for Structure?

As family offices continue to grow, a debate is emerging over whether professionalization improves performance or simply erodes families’ flexibility.

The Bitcoin Treasury SPAC Market Is Dead

Two once-hot deals, Cantor Equity Partners and ProCapital Financial, have tanked following their DeSPACs.

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Self-Storage: Structural Strength Meets Cyclical Opportunity

Stan Druckenmiller Piles Into Financials and Brazil as Health-Care Bets Fade

The Duquesne Family Office added three major positions — including two sector-spanning ETFs — while slashing stakes in several longtime health-care holdings.

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