Family offices should reallocate funds to private assets to avoid continual booms and slumps

Might family offices, one day, use AI to select their private assets, to avoid drowning in an ocean of opportunities?

In 1992, just over thirty years ago, lenders were stunned by the collapse of property giant Olympia & York, owned by Canada’s Reichmann family, following its failure to service debts of $20 billion.

Family offices frustrated by a slump in returns over the last 18 months may be relieved to learn that better ways of handling venture capital opportunities are developing at speed, fuelled by AI-driven…