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L Investments’ Candice Beaumont on the importance of leaving a legacy

Candice Beaumont wears many hats, but what they all have in common is a shared goal to create a positive impact on the world by leaving a legacy for the next generation.

As CIO of L Investments, Beaumont oversees all capital allocation decisions for the single family office.

It boasts a vast portfolio of public and private equity that has invested heavily in oil and gas, as well as in commodities and alternative energy.

With well over a decade of experience in investment business under her belt, she’s also Chairman of Salsano Group, a Panama-based family office and holding company with private equity interests.

Starting her career in corporate finance at Merrill Lynch, Beaumont worked as an investment banker at Lazard Frères, executing more than US$20 billion of merger and acquisition advisory assignments before going into private equity at Argonaut Capital.

In 2014, she was honoured as a Young Global Leader by the World Economic Forum, recognised as one of the world’s most distinguished and inspiring leaders under the age of 40.

“The World Economic Forum’s mission is to improve the state of the world,” she explains.

“It’s important that the children of the family offices that I work for take that mission to do good for society and are able to leave a legacy that is remembered.”

A former world-ranked professional tennis player, Beaumont is committed to community and philanthropic causes.

She serves on the Board of Directors of Most Valuable Kids of Greater New York Inc, a charity that helps reward and inspire underprivileged children by giving them access to sports events, and is a member of Athletes for Hope, a charity that helps athletes make a difference off the field with charitable endeavours.

“You have to be current with the problems facing the next generation. It is important to instil in the children the right values, the right ethics and the right critical thinking,” Beaumont explains.

“When they look at the world and the world changes, they should be equipped with the decision-making tools and leave a legacy for their own children.”

Passionate about making a difference for women in and outside the boardroom, Beaumont sits on the Board of Care Kenya, which helps strengthen the socioeconomic conditions in Kenya by creating opportunities for women of all ages to become entrepreneurs – working toward a sustainable model that will support generations to come.

She’s a Steering Committee member for the ‘Planet 50-50 by 2030: Step It Up for Gender Equality’ campaign in support of UN Women and the Fund for Gender Equality – a UN Women initiative.

She also serves as Chairperson for the Women Directors Institute, which aims to increase participation of women on corporate and charitable boards.

On behalf of L Investments, Beaumont was one of more than 600 visionaries who came together at Dubai’s Four Seasons Jumeirah Beach for Sir Anthony Ritossa’s 10th Global Family Office Investment Summit.

Under the High Patronage of His Highness Sheikh Ahmed Al Maktoum, the event welcomed global leading family offices and ultra-high net worth individuals as they discussed thought leadership and forward-thinking strategies.

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