Family offices turn to private markets, allocations up 500% since 2016 | NYGazet

Private investment firms of the wealthy are doubling down on alternatives like private credit and infrastructure, per Preqin.

Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox... [1501 chars]