Part 2 (the data) | How are family offices investing in private markets?

Family Office Insider (FOI) | November 2022

Hello, and welcome to this month’s premium edition of Family Office Insider (FOI) from Global Partnership Family Offices (GPFO).

At a glance:

[Data] Private Markets | We share the survey results from the GPFO & Moonfare Family Office Private Markets Benchmark Survey. Following September’s post, we explore the data.

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How are family offices investing in private markets?

by Hugo King-Oakley. Following on from September’s post, we explore the data.

Last week, in conjunction with Moonfare, we published the output of the Private Markets Benchmark Survey 2022. Download the full report here. The key aim of this report was to put a finger on the pulse of family office private markets activity, amidst a tumultuous time in both public and private markets. The data was collected in September 2022, subsequent to significant selloffs in public markets earlier in the year.

If you are to read just 4 points, here are, in my opinion the most interesting findings (you may disagree!):

• 58% of those surveyed increased allocations to private markets over the past 2 years.

• The amount of cash family offices are holding now has increased across the board.

• For ~25%, exploring new asset classes was identified as a priority when it comes to adjusting the investment process in the near future.

• ~80% of respondents identify both higher risk-adjusted returns and the ability to be a value-add investor as significant benefits of private market investing.