Father and son rainmakers move into impact investing

The soaring cost of electricity is weighing on prospects for vertical farms, often seen by family offices as a good impact investing option

Lightmatter has won the support of family capital to produce computer chips which use light to produce AI solutions.  The venture raised $154 million by June, taking its total haul to $257 million.

Family offices are important suppliers of liquidity to the market, and the $1.7 trillion private credit market has become a big beneficiary