EVCA study: family offices allocate more capital to private equity

Family offices have been increasing their allocations to private equity and this trend is likely to continue, according to a new study by the European Venture Capital and Private Equity Association and the IMD Business School of Lausanne. The average allocation to private equity by the offices interviewed was 12 per cent, with the highest commitment being close to 50 per cent. On the fund investment side, there is a strong preference for buy-out funds.