Hong Kong family offices get pickier on tech
Experienced family office investors feel technology valuations are over-inflated in some areas, so are being increasingly selective about what they invest in, and where.
The wall of money that has flowed into technology in recent years from sovereign wealth funds and other big-ticket investors such as SoftBank has led to some smaller savvy players, including family offices, to become even choosier in the investments they make in this sector.
Concern was already rife that a bubble was forming in technology valuations even before SoftBank unveiled its plans for a second huge Vision Fund in late July. The prospect of another $108 billion being raised…
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