While many families focus primarily on financial capital, Nicolas explains why most generational wealth challenges arise from communication gaps, lack of preparation of the next generation, and misalignment between family purpose and investment structures.

The conversation explores how families can institutionalise decision-making while preserving entrepreneurial spirit, transfer wisdom effectively across generations, and integrate technology into modern family office strategy.

This discussion is particularly relevant for family office principals, next-generation members, private market investors, and advisors working with ultra-high-net-worth families.

Nicolas charles linkedin: https://www.linkedin.com/in/nicholascharles1/

Timestamps

0:00 – 3:10
Introduction: Interview overview and Nicolas Charles’ background in generational wealth strategy and advising ultra-high-net-worth families

3:10 – 8:20
How family offices and HNWIs can better align investment strategy with governance structures and long-term legacy goals

8:20 – 17:15
The importance of preserving a family office’s original sector expertise across generations — and its impact on long-term success

17:15 – 22:55
Balancing institutional discipline with entrepreneurial agility inside a family office

22:55 – 27:45
How knowledge and wisdom should be transferred effectively across generations

27:45 – 30:00
Why gaining experience outside the family business is critical for next-generation members

30:00 – 35:00
The role of a “family investment pool” in supporting individual members’ investment initiatives

35:00 – 39:50
How technology supports the institutionalisation and professionalisation of family offices

39:50 – 42:07
Closing reflections and key takeaways on preserving wealth across generations

Continuation vehicles, also known as GP-led secondaries, are a rapidly growing — yet still relatively emerging — segment of private markets.

According to the latest continuation study by Schroders, transaction volumes are approaching $50B in 2024, representing a 27% compound annual growth rate since 2015.

With this growth, we wanted to better understand what is truly driving the market.

We had the opportunity to speak with Andriy Panasenko, Founder of Renaissance Advisory, who brings more than two decades of experience across private equity and consulting.

In our discussion, we explored:
 • The current state of the continuation vehicle market
 • Whether the growth is structural or cyclical
 • What types of companies are best suited for continuation vehicles
 • The benefits for LPs — and the key considerations to keep in mind

We’re joined by Margareth Gonzalez, Founder and CEO of Capital Variation, a strategic capital advisory firm operating across the US and EMEA markets.

In this exclusive conversation, we explore:

• How Capital Variation has grown into a known name in the SME advisory space, supporting companies across Europe and the United States with capital formation.
• SME growth from both operational and investment perspectives.
• The emergence of defense as a developing asset class and its implications for investors.
• The impact of “America First” policy on cross-border capital flows and global markets.
• Capital Variation’s philanthropic initiatives, with a focus on women’s empowerment and financial literacy

Linkedin: https://www.linkedin.com/in/margarethgonzalez/
Capital variation website: https://capitalvariation.com/

Our guest is Darla G. Wilton, an executive leader and change agent in organizational development, strategic planning & execution, and leadership known for turning strategy into real value‑creation.

𝐄𝐩𝐢𝐬𝐨𝐝𝐞 𝐭𝐢𝐭𝐥𝐞: “𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟𝐟𝐢𝐜𝐞 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞: 𝐅𝐫𝐨𝐦 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐥 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐭𝐨 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐢𝐬𝐜𝐢𝐩𝐥𝐢𝐧𝐞.”


𝐖𝐞’𝐥𝐥 𝐛𝐞 𝐝𝐢𝐠𝐠𝐢𝐧𝐠 𝐢𝐧𝐭𝐨:
- What governance really means in a Family Office (beyond documents)
- How the FO landscape is evolving around principals and rising‑gen
- The role of experts and independent boards where they add real value
- Operating models that hold under stress, not just in presentations

This series is a collaboration between The Family Office Strategist, led by Mahir Eyvazov, and Level Capital Club, led by Tugdual Level-Chitrit.