Deal Round-Up: Family Offices Anchor Blockchain Bets, Affordable Housing Funds and RIA Growth

Recent deals have seen family capital backing blockchain, affordable housing and wealth-management expansion. The latest wave of deals shows family offices deploying across asset classes — from digital infrastructure to real estate — while continuing to build strategic platforms for long-term growth.

Recent deals have seen family capital backing blockchain, affordable housing and wealth-management expansion. The latest wave of deals shows family offices deploying across asset classes — from digital infrastructure to real estate — while continuing to build strategic platforms for long-term growth.

Oct. 24 – Ballmer Group – The family office of Steve Ballmer committed $150 million across affordable-housing funds managed by Avanath Capital and The Vistria Group, signaling a broader effort to crowd-in private capital to address the U.S. housing gap. (PERE News)

Oct. 24 – Custos Family Office LLC – The New York-based family office disclosed new purchases of Apple (AAPL) shares in its latest SEC filing, expanding its public-equities exposure amid Big Tech’s earnings season. (MarketBeat)

Oct. 22 – Rise Growth Partners – Founded by Joe Duran, the firm took a minority stake in Krilogy, a $4 billion-AUM St. Louis RIA, marking Rise’s third partnership and adding Midwest scale and succession capacity. (Citywire RIA)

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Oct. 21 – 119th Street Capital – The Schrage family’s Indiana-based single-family office acquired Armada Analytics, a commercial real-estate services platform, to support organic and M&A growth. (Business Wire)

Oct. 15 – Cowley Companies Inc. – The Arizona-based family office purchased a 212,685-square-foot net-leased industrial property in Spanish Fork, Utah; Newmark Mountain West represented the seller. (Utah Business)

Oct. 6 – Raptor GroupJim Pallotta’s family office anchored a planned $200 million raise for Raptor Digital’s new blockchain and DeFi fund aimed at family-office and institutional investors. (Yahoo! Finance)

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