Family offices now outsize the global VC industry
Worth · 2026-09-29
Single-family offices oversee about $5.5 trillion (Citi Wealth puts it at $5.9-6.9 trillion), above the $1-1.5 trillion venture industry. Their number has grown over 75% since 2020 to more than 10,700, and 70% make direct investments, competing with PE and VC for deals.
Vocabulary
Read source ↗- deal flowthe stream of investment opportunities an investor sees
- co-investmentinvesting directly in a deal alongside a lead fund or sponsor
- wealth transferpassing assets from one generation to heirs or charity