Family offices continued to deploy capital across public equities, health care innovation and large-scale industrial acquisitions, recently backing precision medicine, adding to public-company positions and supporting transformational packaging deals.
Dec. 5 — Tricor Pacific Capital, the investment arm of the Tricor family office, disclosed a significant share purchase in CPI Card Group, alongside an investment by the company’s chairman. The transaction underscores Tricor’s continued interest in payments, fintech infrastructure and governance-aligned public-market positions. (Business Wire)
Dec. 5 — Duquesne Family Office participated in a strategic collaboration and investment alongside Illumina to support MyOme, a precision-medicine company launching a clinical trial aimed at improving disease risk detection. The partnership could help reduce U.S. health care costs by as much as $200 billion annually, according to the companies. (PR Newswire)
Dec. 5 — ProAmpac, backed by Tony Pritzker’s family-oriented investment firm Pritzker Private Capital, agreed to acquire TC Transcontinental Packaging for $1.51 billion, expanding its global footprint in sustainable flexible packaging and material science. The deal adds significant manufacturing capacity across North America, Latin America, the U.K. and New Zealand and accelerates ProAmpac’s push into next-generation packaging solutions. (Business Wire)