Goldman sees family offices beefing up on stocks, private equity
Family offices that manage money for the ultra-rich are getting ready to unleash a stockpile of cash into public and private markets.
By Amanda Albright and Tara Patel / Bloomberg
Almost half of the private investment firms responding to a Goldman Sachs Group Inc. survey said they plan to increase exposure to public equities, with 41% looking to increase allocations to private equity, the company said Monday in a statement.
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