Family offices in Spain and Argentina expand coordination and diversified investments

Family offices, private entities that manage the wealth of large family groups, face challenges in consolidating fragmented assets across banks, advisors, and legal structures. Experts highlight the need for a central coordination function to provide a comprehensive view of holdings, mitigate hidden risks, and streamline decision‑making.

In Spain, family offices are increasingly allocating capital to direct investments in real estate, energy, health, technology, and hospitality. Their long‑term horizon and lack of external investor pressure enable them to hold positions for years, often participating in projects such as hotels, office buildings, logistics platforms, student housing, solar parks, and wind farms. The trend mirrors global patterns noted in the UBS Global Family Office Report, which shows rising exposure to private assets and alternative investments worldwide.