Finance
Dell Family Office to Diversify Portfolio as Big Payday Looms
- Alisa Mall says she’s looking to credit and real assets
- DFO Management poised to get cash and stock from VMware sale
Alisa Mall, the chief investment officer for Michael Dell’s family office, is looking to diversify her portfolio as the firm is poised to absorb an influx of cash and stock that together is worth more than $20 billion.
The money will come in after Broadcom Inc. closes on its $61 billion purchase of cloud-computing company VMware Inc., which counts Dell as its largest shareholder with a 36% stake. If the deal is approved by European regulators, Dell, 58, will receive half his payout in shares and about $10 billion in cash. Dell is worth about $54 billion, according to the Bloomberg Billionaires Index.