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  • How Family Offices Are Investing in Emergent AI Startups

    How Family Offices Are Investing in Emergent AI Startups
    2026/06/09
    Family offices are increasingly allocating capital to early-stage artificial intelligence startups, seeking direct exposure to the next wave of innovation. In this episode, Lucas and Luna examine a specific case: a single-family office in London that committed $15 million to a foundation-model company building specialized AI for drug discovery. They discuss the due diligence process, the typical ticket sizes, how family offices co-invest with venture firms, and what makes this asset class different from other alternative investments. The conversation also touches on the risks — technical, regulatory, and valuation — and why some family offices are setting up their own AI advisory boards. This is a practical look at how patient, long-term capital is flowing into one of the most competitive technology sectors, with real examples and numbers. #FamilyOffices #AIInvesting #ArtificialIntelligence #VentureCapital #DrugDiscovery #SingleFamilyOffice #CoInvestment #GenerationalCapital #WealthManagement #AlternativeInvestments #FoundationModels #DeepTech #Business #Finance #FexingoBusiness #BusinessPodcast #Podcast #WealthManagementPodcast Keep every episode free: buymeacoffee.com/fexingo
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    11 分
  • How Family Offices Finance Fine Watch Collections

    How Family Offices Finance Fine Watch Collections
    2026/06/08
    Lucas and Luna explore how single-family offices are treating high-end mechanical watches as a portfolio asset class. They walk through the ecosystem of watch-backed lending at rates from 4 to 8 percent, the rise of specialized storage and authentication vaults, and the tax treatment of watch collections as capital assets versus collectibles. A case study on the Patek Philippe 1518 in steel illustrates how a single reference can anchor a collection strategy. The hosts also discuss liquidity risk — watches can take 30 to 90 days to sell — and the emerging market for fractional ownership platforms targeting the $500 million-plus collection threshold. This episode offers a concrete look at an alternative asset class growing at roughly 12 percent year-over-year, with specific numbers and practical considerations for family offices. #FamilyOffice #WealthManagement #FineWatches #Collectibles #AlternativeAssets #PatekPhilippe #WatchLending #FractionalOwnership #AssetClass #TaxStrategy #LuxuryInvesting #Horology #StorageVaults #CapitalGains #LiquidityRisk #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    11 分
  • Why Family Offices Are Investing in Film Production Slates

    Why Family Offices Are Investing in Film Production Slates
    2026/06/08
    Episode 38: Lucas and Luna explore a growing trend among single-family offices: financing entire film production slates rather than individual movies. They break down the economics using the example of a mid-sized family office that partnered with a boutique production company to co-fund a slate of 10 independent films. Lucas explains the risk pooling, the tax advantages of film investment through Section 181 of the tax code, and how slate deals offer diversification within a single alternative asset class. They discuss typical return targets (15-20% IRR), the role of gap financing, and why family offices are better suited than Hollywood studios for this kind of patient capital. The conversation also touches on the importance of having a producer with a strong track record and the liquidity challenges of film assets. A concrete look at how some family offices are quietly becoming the new studio system. #FamilyOffice #FilmFinance #SlateDeals #AlternativeInvestments #Section181 #TaxAdvantaged #FilmSlate #IndependentFilm #PrivateCapital #EntertainmentFinance #Hollywood #GapFinancing #IRR #PortfolioDiversification #WealthManagement #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    9 分
  • How Family Offices Use Structured Notes for Downside Protection

    How Family Offices Use Structured Notes for Downside Protection
    2026/06/07
    In this episode of Family Office Conversations with Fexingo, Lucas and Luna dive into how sophisticated family offices are using structured notes to protect principal while still capturing upside in volatile markets. They break down a real example from June 2026: a buffered note linked to the S&P 500 offering 100% downside protection on the first 15% loss and capped upside of 12%. Lucas explains the mechanics—zero-coupon bonds funding the buffer, options for upside—and Luna asks whether retail investors can access similar products through structured CDs. They discuss the risks: issuer credit risk, liquidity, and the tax inefficiency of short-term capital gains. The episode closes with a forward-looking question about whether family offices will shift to direct option strategies as fees compress. A must-listen for anyone interested in how the wealthy hedge their equity exposure without giving up participation. #FamilyOffices #StructuredNotes #DownsideProtection #WealthManagement #PrivateWealth #Investing #EquityLinkedNotes #BufferedNotes #PrincipalProtection #RiskManagement #OptionsStrategies #S&P500 #StructuredCDs #IssuerRisk #TaxEfficiency #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    12 分
  • How Family Offices Are Building Private Credit Portfolios

    How Family Offices Are Building Private Credit Portfolios
    2026/06/07
    In this episode of Family Office Conversations, Lucas and Luna explore the surge in family office allocations to private credit. They examine a specific case: a single-family office with $800 million in assets that has committed 22% of its portfolio to direct lending, private credit funds, and distressed debt. The hosts break down how this office structures deals, negotiates covenants, and manages liquidity risk in an asset class that has grown from $500 billion to over $2 trillion in the past decade. They discuss the trade-offs between pooled funds and co-investments, the importance of underwriting standards in a competitive market, and why some family offices are now hiring dedicated private credit analysts. A concrete look at how sophisticated investors are adapting to a world where banks lend less and private capital fills the gap. #FamilyOffice #PrivateCredit #DirectLending #DistressedDebt #AlternativeInvestments #PortfolioConstruction #WealthManagement #InstitutionalInvesting #CreditMarkets #LiquidityRisk #CoInvestments #PrivateDebt #Underwriting #AssetAllocation #SingleFamilyOffice #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    9 分
  • How Family Offices Are Buying Up Music Catalogs

    How Family Offices Are Buying Up Music Catalogs
    2026/06/06
    In this episode, Lucas and Luna dive into the booming market for music catalog acquisitions, a niche that family offices are increasingly targeting for its stable, inflation-linked cash flows. They focus on the 2025 acquisition of a 50% stake in the publishing rights of a major songwriter by a European single-family office, valuing the catalog at over $200 million. The conversation explores the mechanics of how these deals are structured—typically through a special-purpose vehicle—and why the royalty streams from streaming platforms offer a unique risk-return profile compared to traditional private assets. Lucas breaks down the key metrics: net publisher's share, mechanical royalties, and the importance of a catalog's 'hit ratio.' Luna questions the liquidity challenges and the risks of changing consumer tastes. They also touch on tax advantages like the capital gains treatment of catalog sales and the potential for estate planning. The episode closes with a reflection on whether music rights are becoming an institutional asset class, and a brief, organic note on how listener support keeps the show ad-free. #MusicCatalogs #FamilyOffices #WealthManagement #AlternativeAssets #Royalties #Streaming #IntellectualProperty #Songwriting #PrivateEquity #AssetAllocation #Business #Finance #Investing #FexingoBusiness #BusinessPodcast #LucasAndLuna #GenerationalCapital #Inheritance Keep every episode free: buymeacoffee.com/fexingo
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    9 分
  • How Family Offices Are Investing in Music Royalties

    How Family Offices Are Investing in Music Royalties
    2026/06/06
    In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore the growing trend of family offices investing in music royalties as an alternative asset class. They anchor the discussion on the 2025 acquisition of a $200 million catalog by a single-family office, breaking down how these deals work, the due diligence involved, and the risk-return profile compared to other alternative investments like art or wine. Lucas explains the mechanics of performance royalties, mechanical royalties, and synchronization licenses, while Luna questions the liquidity and the challenges of valuing a catalog tied to cultural trends. The episode also touches on how technology and data analytics are reshaping catalog valuation, with streaming data now providing real-time revenue visibility. A practical look at an asset class that offers uncorrelated returns and inflation hedging, but requires specialized expertise and patience. #MusicRoyalties #FamilyOffice #AlternativeInvestments #AssetClass #StreamingRevenue #IntellectualProperty #CatalogValuation #PassiveIncome #PortfolioDiversification #Business #Finance #WealthManagement #InvestmentStrategy #Royalties #Copyright #DataAnalytics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    10 分
  • How Family Offices Are Using Direct Indexing for Tax Savings

    How Family Offices Are Using Direct Indexing for Tax Savings
    2026/06/05
    Lucas and Luna explore how family offices are adopting direct indexing — owning the individual stocks in an index rather than buying an ETF — to harvest tax losses at scale. They walk through a specific case: a $50 million portfolio that generated $2.1 million in tax-loss harvesting benefits in a volatile first half of 2026. The conversation covers the technology behind direct indexing, why it has become more accessible, and the trade-offs — including tracking error and complexity. Lucas explains how managers use 'tax-loss harvesting' algorithms to sell losing positions and buy similar but not identical stocks to realize losses while staying invested. Luna questions whether the fees justify the benefits for smaller portfolios. The episode closes with a look at how this strategy is reshaping the traditional advisor-client relationship. #DirectIndexing #TaxLossHarvesting #FamilyOffice #WealthManagement #PortfolioManagement #TaxEfficiency #ETF #IndexFund #BenjaminFranklin #Fidelity #ParametricPortfolio #CustomIndexing #CapitalGains #TaxAlpha #GenerationalCapital #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    12 分