Wealthy Families are increasingly relying on Private Equity to boost ⤴️ returns, while loosing interest in HedgeFunds.

A large percentage of the 221 biggest family offices in the 🌏 surveyed by UBS mentioned their plans to ⬆️ their allocation to PE (direct deals), and private Real Estate. Paring back their gold, cash holdings to deploy into private equity

Source: UBS 2022 Family Office Report shared by Bloomberg LP

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