How do family offices and UHNWIs make investments? All you need to know

India's Ultra High Net Worth Individuals population is growing exponentially with some studies expecting an 80% growth over next 3-5 years. As UHNWI’s wealth increased, the need for Family Office structures became evident and we have witnessed several new Family Offices come up in the last 3-5 years. It is interesting to observe the transition in investment philosophy, risk appetite and instruments as investors move up the wealth cycle from HNWI to UHNWI to Family Offices. High inflation and interest rates pushed down global growth expectations, and in 2022 equity markets fell to factor in slowing growth and even possible recessions in a few large, developed nations. In the past few years, we have seen UHNWIs and family offices participate actively in the private equity space, with investments being made across life stages of a start-up, beginning from Angel investing to pre-IPO opportunities.