News Brief: Family Office Investment Trends
Summary
Family offices for the ultra-wealthy significantly reduced direct investments in December 2025, capping a cautious year. However, a new generation of heirs is increasingly shaping investment strategies, focusing on tech, media, and impact-driven projects beyond their family’s traditional wealth sources.
Key Points
- Deal Slowdown: Family offices made 35 direct investments in December, a 62% annual decrease, reflecting ongoing caution due to geopolitical and tariff uncertainties.
- Next-Gen Influence: Millennial and Gen X heirs are actively directing family office investments, often into sectors different from their family’s original fortune.
- Notable Investments:
- Motier Ventures (founded by Galeries Lafayette heir) invested in a €7.2M seed round for blood-testing startup Lucis.
- Leonardo Maria Del Vecchio (Luxottica heir) acquired 30% of Italian news outlet Il Giornale, citing civic responsibility over financial returns.
- Engagement Strategy: Direct investing, particularly with a sustainability focus, is becoming a key tool to engage the next generation, alongside traditional philanthropy.
- Future Involvement: UBS surveys indicate about a third of family offices expect next-gen members to be involved in direct investments and help manage portfolios.
新闻简报：家族办公室投资趋势
摘要
2025年12月，超级富豪的家族办公室大幅减少了直接投资，为谨慎的一年画上句号。然而，新一代继承人正日益影响投资策略，将目光投向科技、媒体和具有影响力的项目，这些领域往往与其家族传统财富来源不同。
关键点
- 交易放缓：家族办公室在12月进行了35笔直接投资，同比下降62%，反映出因地缘政治和关税不确定性而持续的谨慎态度。
- 新一代的影响：千禧一代和X世代的继承人正积极引导家族办公室投资，通常进入与其家族原始财富不同的领域。
- 值得关注的投资：
- Motier Ventures（由老佛爷百货继承人创立）参与了血液检测初创公司Lucis 720万欧元的种子轮融资。
- 莱昂纳多·玛丽亚·德尔·维基奥（Luxottica继承人）收购了意大利右翼新闻媒体《Il Giornale》30%的股份，称此举是出于公民责任感而非财务回报。
- 参与策略：直接投资，特别是具有可持续性倾向的投资，正与传统的慈善事业一样，成为让下一代参与家族事务的关键工具。
- 未来参与度：瑞银调查显示，约三分之一的家族办公室预计下一代家庭成员将参与直接投资，39%的家族办公室预计下一代将帮助管理投资。
Original Article Link: https://www.cnbc.com/2026/01/08/family-office-deals-bets-december.html