
Family offices keen on bypassing GPs?

Nearly 60% of family offices polled in the Investec Family Office Intelligence Survey are considering investing in private equity. The headline figure is not the whole story, though.
The surveyed family offices displayed a strong preference for listed equities, with nearly 90% preferring this. The next most popular product was hedge funds, with more than two thirds (70.7%) citing this as a preferable product.
Private equity was substantially less popular, with less than 60% interested - and that was in direct private equity; funds fared worse, with just more than half (53.8%) keen on this product. Structured products were the least favourable, with 57% not willing to consider this investment opportunity.
While private equity - either directly or indirectly - fares better than other asset classes including debt funds, venture remains a tougher sale. Less than half (45.9%) of respondents in the survey mentioned VC as a preferred product, while almost as many (43.2%) stated they weren't keen on pursuing such investments.
This article is an extract from a wider unquote" feature investigating family offices' involvement in private equity - click here to read the original article.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater