Why family office PCH avoids private equity funds

Private equity dealmaking, exits and fundraising count have fallen heavily since 2021 (see chart below), but one well established Singapore family office was largely steering clear of the asset class a lot earlier than that. Why? If you can’t access the top private equity or venture capital (VC) funds, you are probably better off in listed stocks, argues Roxanne Davies, head of Proprietary Capital Holdings, the Asian investment office for Italy’s Spinola clan. Roxanne Davie…