Over the last three years, wealthy families have increased exposure to private equity investments, while reducing exposure to hedge funds, commodities and fixed income, says a new report from Tiger 21.
Tiger 21 members: Wealthy families representing nearly $26 billion in AUM
In the third quarter of 2011, Tiger 21 members, wealthy families representing nearly $26 billion in assets under management, had only 12 percent of their portfolio devoted to private equity. After the second quarter of 2014, that number had climbed to 22 percent, up two percent from the...