Matt Farrell, Senior Investment Manager at WE Family Offices, sits down with David Weisburd to discuss how families with $50M-$1B+ invest their capital. They also cover balancing risk tolerance and liquidity needs, where alpha is in the market today, and characteristics of an ideal private fund manager.
(0:00) Episode preview
(0:51) Overview of WE Family Offices
(3:05) Typical family office portfolio construction
(6:12) Behavioral finance and illiquidity as a feature
(9:36) Investment strategies for ultra high net worth families
(13:33) Manager selection attributes and importance of transparency
(16:22) Diligence process for spin-out managers
(18:24) Approach to venture capital as an asset class
(21:14) Follow & subscribe to The 10X Capital Podcast
(21:34) General guidance on co-invest
(23:37) Value-add for venture capital managers
(25:07) Hierarchy of the reference process
