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March 03, 2021 | Tom Ballard

Family offices playing growing role in start-up capital

Throughout the last decade, wealthy families have gravitated away from hedge funds to private investments, including private equity and venture capital.

“Family offices have really come up the curve and had huge interest in this space, particularly in recent years,” says Michael Harris, who heads the family office practice at Verdence Capital Advisors, an investment firm based outside Baltimore, Md.

This recent article in Barron’s examines this important source of capital for start-ups.

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