Family offices are clamoring for AI investments

For the wealthy families who manage their own money through a family office, the math right now is simple, according to Djoann Fal, a family office advisor and investor at the private wealth platform Atlas Capital in San Francisco.

A family office might want to put money into something like green energy for the long haul. But in the current environment, if a fund manager offers a deal that could triple an investor’s money over three years, and another deal could triple it in three months, the choice is easy. As Fal put it: If they have one deal that has the chance to make them 3x in three years, and another deal that could make them 3x in one quarter, “they’re just going to invest in the AI deal that does 3x in 3 months.”

It isn’t surprising that family offices want in on the action, given that everything...

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