Family Office Focus

Private Markets Billionaire Builds His Next Act

Preqin founder is among those in the industry who are cashing out and pivoting to family offices.
Ray Dalio, billionaire and founder of Bridgewater Associates LP. His family office revealed its US stock bets for the first time since the pandemic.Photographer: Daniel Heuer/Bloomberg
Lock
This article is for subscribers only.

Hi, it’s Ben Stupples and Devon Pendleton here. Welcome to our third 2026 installment of Family Office Focus, our monthly offering for Wealth newsletter subscribers that puts in one place our scoops, insight and analysis about these large pools of capital, who oversees them, and what it all means for financial markets.

Mark O’Hare spent the past two decades building one of the world’s biggest providers of data for private markets. Now, the billionaire Preqin founder is focused on building something else: a family office.