Hedge funds are on the agenda of family office cash, according to Somerset Capital’s recent survey of family office investors.
The independent London-based private market advisory firm survey interviewed 32 family offices, of which 82% were single family offices. The investors in question were predominantly located in the UK and Europe, and half managed assets in excess of $500 million. More than 50% were pure financial investors, whereas 45% continue to own an operating business.
Among...