Michael Zeuner, Managing Partner at WE Family Offices, recently joined Giovanni Amodeo of ION Analytics and Mergermarket for a fireside chat on how ultra-high-net-worth families are approaching private market investing.
Michael emphasized that before families commit to illiquid strategies, they need a clear understanding of both their financial position and their willingness to take on long-term risk. That includes evaluating cash flow needs, portfolio leverage and their ability to stay invested through periods of early negative returns.
He also addressed the growing importance of alignment. As more families explore direct deals or alternative platforms, understanding how general partners are compensated, how advisors are structured and whether incentives are clearly aligned becomes critical.
The episode offers a practical look at how families can think through access, manager selection and long-range portfolio construction in a more uncertain capital markets environment.
Listen to the full episode and learn more.
Important Information:
This interview contains our current opinions and commentary that are subject to change without notice. Our commentary is distributed for informational and educational purposes only and does not consider the specific investment objective, financial situation, or needs of any recipient. The information contained herein does not constitute legal or tax advice to any person. Please consult with your tax advisor regarding any taxation implications of the information presented in this presentation.
