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PBs need not fear as more FOs enter PE/VC realm: KPMG

Private banks will still have “quite a big role” to play in the private equity and venture capital space even as more family offices vie for a piece of the PE/VC pie, as the need to diversify amid an increasingly volatile global investment environment sends HNWIs into the arms of uncorrelated assets, according to KPMG. “I think for a number of years…

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