Family Offices Bypass Private Equity Funds to Make Bets Directly

Money managers for the ultra-wealthy are eschewing traditional private equity funds and betting directly on upstart companies.

That’s according to a new report by Dentons, which found that 63% of family offices use direct investments and an additional 22% are interested in doing so. The law firm surveyed 188 family office respondents from 32 countries for the report...

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