2025 Sohn NY Conference – David Adelman: How Family Offices Can Navigate the Economic Landscape

Among speakers at the 2025 Sohn New York Conference was David Adelman, the founder of a family office - Darco Capital. Some of the topics in his speech included his views on the current macroeconomic situation and whether starting a new family office or investing in an existing one is the better option.

Gain premium access to NY Sohn's top ideas—save 20% with code CONFERENCE20.

Current Macro Situation

Adelman views the US economy as he would any other business. If we were to look at it as a P/E business, it would be a broken business for sure. The balance sheet is troubling, with the US spending more than it...