New York
AS the United States powers the global economic expansion in its fifth year, the world's rich are counting on American companies to help increase their fortunes.
At least a dozen family offices, with fortunes made in Europe, Asia and South America, have opened US outposts in the past two years or are making direct investments in corporations from Silicon Valley to the East Coast. Their view is that the Federal Reserve's aggressive monetary easing, a shale oil boom that's lowered energy costs, and improving corporate balance sheets give the world's largest economy an edge over other regions.
Peca Ltd, a London-based firm started in the 1990s by a family that made its wealth mainly in financial...
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