Where family office dealmakers placed their bets in December
CNBC••general
Key Points:
- In December, family offices made 35 direct investments, marking a 62% annual decline amid tariff uncertainties and geopolitical conflicts, reflecting a cautious approach to dealmaking in 2023.
- Next-generation heirs, such as Guillaume Houzé of Motier Ventures and Leonardo Maria Del Vecchio of LMDV Capital, are actively investing outside traditional family industries, focusing on tech startups and media ventures with civic and sustainability goals.
- Del Vecchio emphasized investing in media to create an unbiased Italian information hub aimed at reconnecting young people with print journalism, highlighting a blend of civic responsibility and investment.
- Family offices increasingly use direct investments with a sustainability focus to engage heirs, shifting from traditional philanthropy to impactful capital deployment as a way
