Now We Know Who Bought London’s Most Expensive Home. He Couldn’t Have Kept It Secret for Long
British tech‑investor Suneil Setiya, founder of Quadrature Capital, purchased London’s Providence House for roughly £270 million (about $340 million), making it the city’s most expensive residential sale. The deal, previously shrouded in secrecy, was confirmed by the Financial Times after Setiya’s £4 million (£5 million) Labour Party donation surfaced. Providence House, a two‑acre Chelsea estate previously owned by developer Nick Candy, had been on the market for three years and features a 14,000‑sq‑ft basement and a 60‑ft pool. The transaction underscores the growing transparency around ultra‑high‑value UK property.
Why UHNW Donors Are Turning to Unrestricted Trust
Ultra‑high‑net‑worth individuals and family offices are increasingly favoring unrestricted philanthropy over tightly measured, project‑specific grants. The shift is exemplified by MacKenzie Scott’s Yield Giving model and the cash‑transfer approach of GiveDirectly, both of which prioritize flexible capital and minimal oversight. Advocates...
The Best Non-Surgical Cosmetic Practitioners in 2026
Spear’s 2026 Non‑Surgical Cosmetics Index spotlights leading UK‑based practitioners renowned for clinical expertise, safety and natural‑looking outcomes. The list includes dermatologists, pharmacists and aesthetic doctors offering injectables, laser therapies, scalp treatments and hormone‑based solutions for high‑net‑worth (HNW) clients worldwide. Industry...
Is Clifford Street the New Mount Street?
Clifford Street in Mayfair has transformed from a quiet link between Savile Row and Bond Street into a premier luxury‑retail corridor, rivaling the once‑iconic Mount Street. The street now hosts elite tailors such as Connolly, Anderson & Sheppard, Kiton and Cifonelli,...
Berne Financial Services Agreement: What the UK-Swiss Deal Means in Practice
The Berne Financial Services Agreement (BFSA) took effect on 1 January 2026, creating a mutual‑recognition framework between the UK’s FCA and Switzerland’s FINMA. Under the pact, firms regulated in one jurisdiction can operate in the other without seeking additional licences, covering banking,...
London Falling: An Account of Death, Money and the Upper-Middle Class
Patrick Radden Keefe’s new book "London Falling" expands his February 2024 New Yorker feature into a full‑length investigation of the 2019 death of 19‑year‑old Zac Brettler, an upper‑middle‑class Londoner who pretended to be an oligarch’s son and fell from a...
‘Women Like to Lead with Impact’: Jessica De Rothschild on Her Female-Centric Approach to Philanthropy
Jessica de Rothschild, longtime trustee of the Eranda Rothschild Foundation, is championing a female‑centric philanthropy model focused on refugee women’s education. Leveraging the UNHCR’s DAFI Scholarship Programme, she launched the Building Better Futures campaign to raise $15 million for 1,000 university...
Abu Dhabi’s ‘First Home-Grown Hedge Fund’ Targets Multi-Billion AuM in Three Years
Abu Dhabi‑based Dovehouse Capital, founded by Danish entrepreneurs Claus Gotthard and Martin Rasmussen, launched its first hedge fund this month, positioning itself as the emirate’s inaugural home‑grown manager. The firm has secured $80‑150 million in commitments from Emirati family offices and...
‘We Never Say “No” – Unless It’s Illegal’: The Secret Life of a Raffles Butler
Raffles’ newly restored Old War Office hotel in London offers ultra‑luxury suites where a dedicated butler team delivers hyper‑personalised service, from last‑minute floral arrangements to in‑room ice rinks. The butlers act as personal assistants, confidants and logistical coordinators, handling extravagant...
A Voyage Around the History of Private Equity: From Profits and Power to Public Scandals
Hettie O’Brien’s new book *The Asset Class* chronicles the rise of private equity, portraying it as a force that has both accelerated growth and generated deep‑seated scandals. The review highlights vivid case studies—from Blackstone‑owned care homes to the debt‑laden UK...