A prime example of wealthy families banding together to bring clout and bargaining power in support of their institutional investment strategies. **JB**
Wealthy investors’ allocation to hedge funds hits historic low
Wealthy members of the Tiger 21 peer-to-peer learning network increased their allocations to real estate and commodities in the first quarter, according to a new report from the organization.
During the same period, they reduced allocations to fixed income, hedge funds and private equity.