Private equity
KEY TAKEAWAYS
Ongoing appetite for private equity, but fewer than last year planning to increase allocations
Growth equity and venture capital were the most popular fund categories
More than three-quarters of respondents engaged in direct investing
Early- and growth-stage companies were the most favored direct investments
Family offices remain keen on private equity.
That said, the percentage seeking to increase their allocation (38%) has slowed down significantly since 2022 and 2021 (63% and 52% respectively).
With direct investing, motivations are split risk, with 66% seeking opportunistic deals based on attractive valuations.
However, 38% reported pausing fresh dealmaking because of economic uncertainty.