The Low Allocation to Hedge Funds

Family offices tend to invest in areas that they know like where they've had business interests or yeah I'd say we see a mix. A family who really understands information technology may be focused on looking for niche information technology companies, but always comes up there is are there jurisdictional issues and so they're typically doing a lot of diligence around those regional risks because it's far more complex than just finding a good company right right?