Family offices are clamoring for AI investments

For the wealthy families who manage their own money through a family office, the math right now is simple, according to Djoann Fal, a family office advisor and investor at the private wealth platform Atlas Capital in San Francisco. A family office might want to put money into something like green energy for the long haul. But in the current environment, if a fund manager offers a deal that could triple an investor’s money over three years, and another deal could triple it in three months, the choice is easy. As Fal put it: If they have one deal that has the chance to make them 3x in three years,…