Family Offices, Like Pension Funds, Develop Appetite for Direct InvestingMark Melin
With nearly $1.2 trillion in assets held by U.S. family offices, these typically secretive entities are starting to venture out on their own and team up to make direct investments that were once only the preserve of the hedge funds they invested in.
The trend of family offices pooling their resources with others of their ilk, sharing secretive information and making investments in everything from new start-ups and private equity buyouts to . . .
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