News on Medial

Family offices increase risk with shift to alternatives in 2024: KKR's McVey

VCCircleVCCircle · 9m
Family offices increase risk with shift to alternatives in 2024: KKR's McVey

Family offices are increasing their investments in alternative assets, such as private credit and infrastructure, to take advantage of long-term growth opportunities and tax benefits, according to KKR & Co. Inc.'s Chief Investment Officer Henry McVey. The shift towards alternative investments reflects a willingness to accept additional risk for potentially higher returns. Family offices are also diversifying their portfolios and seeking partnerships to enhance risk management and investment strategies. The trend is driven by the desire for tax-efficient capital growth and the focus on long-term wealth preservation for future generations. Geopolitical tensions and inflation concerns are perceived as primary risks. In Asia, family offices tend to rely more on liquid securities for liquidity needs.

Comments

Download the medial app to read full posts, comements and news.