Ultra-Rich Families Poised for Spending Splurge After Stock Rout
- Demira Gate’s Abe Tatar sees ‘many attractive opportunities’
- A number of family offices boosted cash reserves last year
Abe Tatar is on alert.
The managing director of Demira Gate Partners, the New York-based investment firm of a European family that made its fortune in luxury products, is closely watching consumer goods, hospitality and oil companies amid the Covid-19 pandemic.