“Although many will invest in funds, many will make direct investments, particularly in private equity, circumventing the need for an external asset manager,” the report says. “These direct investments can represent around half of their allocation in this asset class. We recognize that a number of Family Offices will manage a proportion of their assets in-house and/or will make direct investments. This is often within their Private Equity/Venture Capital (PE/VC) or Real Estate (RE) allocation and is around 10% of total assets on average.”
With Intelligence, a platform that provides cross-asset class data and insights for the alternative asset management industry, has analysed 3,019 Single Family Offices (SFO) (as of January 2025) covered in its platform. In a report dated June 2, the SFOs in its database have at least US$4.67 trillion in assets globally, With Intelligence finds.
According to the dataset, 37% of assets of SFOs are in North America, mainly in the New York area, 10% are in Southern Europe, 9% in Switzerland, 9% in Apac, 9% in the UK, Channel Islands, Isle of Man and Ireland, 8% in Austria, Germany and Lichtenstein, 8% in Benelux, 4% in the Nordics and the rest in the Middle East and Africa.
