Wealthy family offices shift focus to fast returns on AI investments

The Shift

Wealthy families who manage their own money through private wealth platforms are changing how they invest. They now want quick gains from artificial intelligence deals over slower long-term bets.

The Reasoning

According to Djoann Fal, a family office advisor and investor at Atlas Capital in San Francisco, the math is simple for these investors right now. A family office might still want to put money into green energy for the long haul. However, in the current market, fund managers are offering deals that can triple an investor's money in just three years.