Family offices are set to increase their private equity (PE) allocations, with 40% of respondents planning higher investments in PE over the next two years, a report by Kharis Capital and Bastiat Partners shows. This surge is more than double the planned allocation rise for VC/growth equity (18.6%), real estate (14%), and private credit (16.3%). The study, based on surveys of over 75 global family offices and insights from 300+ conversations over the past decade, underscores a strong commitment to private markets. Direct investments are also gaining popularity, with 50% of respondents looking to boost exposure through independent deals and co-investments. Challenges include quality deal flow, cited by 20% of respondents, emphasising the importance of robust networks, with 59.7% valuing peer connections and 73.6% seeking more introductions.