Family Offices Embracing Private Equity and Digital Assets: New Report Reveals Shift in Investment Strategies

A recent report published by BNY Wealth reveals a notable shift in investment strategies among family offices, with an increasing focus on private equity and digital assets. According to the report, two-thirds of these institutions managing over $1 billion in assets plan to increase their allocation to private equity funds this year, representing a nearly 70% rise from the previous year. This trend contrasts sharply with a decrease in public stock exposure, now accounting for just about 19% of investable assets – a 28% drop compared to last year.