There are no formal guidelines, as I was saying…
There are no formal guidelines, as I was saying, we only wanted to put 50% of the money in the PE space, and it was on a deal by Deal basis. We might have a very high percentage at one point, and then we look at the overall investment portfolio and say, we are a little bit too heavy here.
— from Enjoy the Flight (Living/Balance/Happiness/Passion) · The Family Office- Investing Capital for the Ultra Affluent written by Richard C. Wilson