The US-based family office will start off with a team of three people and be structured as a single FO.
Thomas J Kent Jr, who is chairman and chief executive of Kent Global, his eponymous investment and consultancy firm, is creating his own family office.
The family office will invest in film, real estate and business lending, it said in a statement.
The organization, which will only invest Kent’s wealth, will be run by three people. Kent will be in charge of day-to-day operations of managing his wealth.
In March, Kent Global moved into buying and selling fine antique artwork and trading commodities such as oil, steam coal, rice and sugar. The investment group has joint ventures with major sugar suppliers in Brazil and a major steam coal supplier in Indonesia.
Kent has over 25 years of experience in the financial industry, according to his public profile.