Damascus Partners

10/21/2025

The U.S. dollar has declined significantly in 2025, the worst in nearly 40 years.

This isn’t just a chart about currency; it’s a lesson in value. Paper money loses purchasing power over time, but real assets, land, housing, and productive property, hold value through every cycle.

When the dollar falls, assets rise. It’s not luck, it’s math.

02/11/2025

While family offices have existed for around 200 years—one of the first was established by the family of J.P. Morgan in 1838—they have grown substantially in recent years as the number of ultra-wealthy families around the globe, and the amount of wealth they hold, has exploded. Though the exact number is difficult to quantify, there are now over 8,000 single-family offices worldwide, 68% of which were established this millennium, managing more than $3 trillion in assets. And the total number is expected to grow even more dramatically, increasing by 75% by 2030.

Family offices have become an economic force, remaking how the wealth management industry operates.

02/09/2025

In addition to broad-impact initiatives such as education, healthcare and poverty alleviation, donors are also backing specialized causes such as marine conservation.

Singapore has more than 2,000 single-family offices — up from 200 in 2019. Many are channeling their overseas charitable efforts through the city-state.

01/24/2025

Proud to partner on this 3600 unit development in South Carolina 🙏🏆

As we expand our footprint in the Southeast, we remain dedicated to our founding principle of partnering with like-minded companies to develop projects that bring lasting value to the communities we serve.

The project, spanning more than 1,500 acres, is the largest master-planned community to date for the Greenville developer.

11/05/2024

Health is Wealth 🏆💪🙏

10/28/2024

Proud to support this worthy cause during my business trip to South Carolina last week.

Upstate businesses brought their best tailgate game to Fluor Field on Oct. 24 for a unique fundraising event. Broadstreet, Inc., a Greenville-based private equity firm, hosted its third annual flag

10/19/2024

The Commonfund and the Council on Foundations found 39 per cent of private foundations reported using an OCIO last year, up from 24 per cent in 2018. Another, by Captrust, an investment advisory firm in North Carolina, found the number which worked with an OCIO had doubled since 2020.

Funds turn to external managers after other revenue sources faltered

10/18/2024

The family behind the Family Office needs to trust their staff more comprehensively than a more corporate or institutional employer.

Trust is the foundation of family office recruitment.

09/28/2024

Deep pockets are no longer enough to secure the world’s best suites. We explore what it takes to lock in a hidden hideaway at global luxury hotels.

07/04/2024

06/26/2024

Countries that attract HNWIs from other parts of the world achieve powerful benefits like job creation and investment. Reversals in fortune are also notable as they impact global investment strategy.

05/27/2024