Bringing Family Wealth to Bear Against a Relentless Illness [The New York Times]
Dolby Laboratories (DLB)
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Source: The New York Times
She started researching the disease, as many people would. But she had an advantage to accelerate her efforts: She and her siblings are part of a family office, a private organization that manages the assets of a single extended family. Advertisement Continue reading the main story Ms. Anane’s mother gave the go-ahead for the office to donate to the scientists and clinical trials her daughter had identified. And the office backed Ms. Anane as she traveled to conferences and met carriers of the disease and their families. Family offices typically serve as investment vehicles, financial managers and charitable advisers. Sometimes, they protect profligate offspring from their worst habits; other times, they are the locus of squabbling among heirs. Financial decisions are guided by a mix of paid staff members and relatives. Yet when family offices get it right in the field of medical research, they can have a big impact. “It’s not just the money — it’s the celebrity tha
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DLB
Earnings
- 2/1/24 - Beat
DLB
Sec Filings
- 3/5/24 - Form 4
- 3/1/24 - Form 4
- 3/1/24 - Form 144
- DLB's page on the SEC website