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March 31, 2014

A San Francisco family office that invests on principles first and profit second has entered a joint equity partnership in a social impact property development in Las Vegas, as construction picks up in the US gambling and resort city.

A San Francisco family office that invests on principles first and profit second has entered a joint equity partnership in a social impact property development in Las Vegas, as construction picks up in the US gambling and resort city.

The anonymous family office, which manages $200 million (€145 million) for several families, has entered the agreement with Cambridge Companies – a Las Vegas-based developer, specialising in land use and zoning enhancements, as well as residential and commercial developments.

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