Family office venture portfolio performance exceeded expectations
Family office venture portfolios exceeded expectations
FOs reported an internal rate of return (IRR) of 24% from their venture portfolio in 2021, while 2020 respondents reported 14% IRR. FOs expect to increase investment in venture in 2022-23.
Family offices are investing in specialist, diverse and female-led funds
80% of FOs are interested in sector or thesis-driven funds, and 60%+ of FOs are interested in ethnically diverse and female-led funds.
Increased interest in ESG and impact-focused VC investments
80% of FOs are making venture investments in ESG and impact-focused funds and startups. Climate change is the top area of interest.