FUNDRAISING NEWS | November 05, 2024
A recent survey report from Bastiat Partners and Kharis Capital reveals that family offices continue to shift their investment strategies toward private market and asset exposures, most notably desiring to increase private equity and direct private investments.
In the report, which surveyed over 75 family offices globally, approximately 40% of respondents said they plan to boost their allocations to private equity over the next two years. Perhaps even more importantly, 50% of family offices are looking to enhance their direct investment activities, reflecting a desire for greater control and tailored investment opportunities. The move reflects a desire for family offices to engage more deeply with their investments, often through co-investments with sponsors, according to the report.
As family offices navigate a challenging market environment marked by liquidity constraints and slow exit opportunities, the report also underscored the importance of strategic networking and collaboration among family offices. And with 22% of respondents identifying cybersecurity as a top risk for 2024, enhancing internal capabilities and governance structures is also becoming a priority.
