Family offices are allocating more to alternatives, with 52 percent of assets allocated to alternatives on average, up 200 basis points since 2020, according to Henry McVey, CIO of KKR’s balance sheet and head of global macro and asset allocation (GMAA), in the firm’s “Loud and Clear,” a new Insights piece.
Based on a proprietary survey of more than 75 CIOs who oversee, on average, more than $3 billion, the report examines how family-office CIOs are leveraging their longer-term focus and owner/operator mentality to create a sustainable competitive advantage.
“We hear the message ‘Loud and Clear’ that this segment of the market is changing — and for the better,” said McVey. “These investors are diversifying across asset classes, and as they mature, they are getting better at harnessing the value of the illiquidity premium to compound capital. They are also using better hedging techniques and increasing both their desire and ability to lean i
