Family Offices Eye Private Equity, Crypto in Push Beyond Stocks

Family offices are pursuing private equity investments and looking to add digital assets as their portfolios rely less on stocks, according to a new report.

Among family offices with more than $1 billion under management, two-thirds plan to increase allocations to private equity funds this year, a nearly 70% increase compared to 2024. That comes as public equities account for about 19% of investable assets at these firms, a 28% drop compared to last year, according to the 2025 Investment Insights for Single Family Offices report from BNY Wealth.

The report, conducted at the beginning of the 2025, also found a shift in attitudes toward ...