Family Office Conversations with Fexingo: Wealth Management, Inheritance, and Generational Capital

Family offices are moving beyond simply buying Bitcoin and Ethereum. In this episode, Lucas and Luna explore how sophisticated multi-generational wealth is now investing in the physical infrastructure behind digital assets: mining rigs, data centers, and energy contracts. They break down a specific case study of a single-family office that allocated $50 million to build a Bitcoin mining facility i...

In this episode, we explore why family offices are increasingly turning to direct lending as an alternative to traditional bank loans and private credit funds. Lucas and Luna break down a real-world case: a $50 million senior secured loan to a mid-market industrial manufacturer in the Midwest, originated and serviced by a single-family office. They discuss the attractive yield profile (8-12% targe...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore the growing family office interest in mineral rights as a long-term, inflation-hedged asset class. They walk through a real-world example of a Texas family office that acquired a package of oil and gas mineral rights in the Permian Basin for $18 million in 2023, generating 8 percent annual cash yield while maintain...

Episode 29 of Family Office Conversations digs into numismatics — rare coins as a tangible, uncorrelated asset class. Lucas walks through how a single 1933 Double Eagle gold coin sold for $18.9 million in 2021, tracing its journey from U.S. Mint vault to private collection. Luna challenges the liquidity argument, and Lucas responds with data on the PC3000 index, which has outpaced the S&P 500 over...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore the emerging trend of family offices investing in fine wine as an alternative asset. They discuss a specific case: a single-family office that allocated 5% of its portfolio to fine wine through a dedicated fund, achieving a 12% annualized return over seven years. The hosts break down the logistics—storage, provenan...

In this episode, Lucas and Luna explore the growing trend of family offices acquiring minority stakes in professional sports teams. Using Cleveland Browns owner Jimmy Haslam's sale of a 25% stake to a consortium of family offices in 2025 as a concrete case, they discuss why wealthy families are increasingly drawn to sports team ownership. Lucas explains the financial rationale: capped supply of ma...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore how multi-generational family capital is flowing into private aviation—not just as a lifestyle expense, but as a bona fide alternative asset. They look at the structure of fractional ownership funds, the resale market for pre-owned business jets, and the economics of leasing aircraft to operators. Lucas points to a...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore how ultra-high-net-worth families are increasingly treating fine art as a financial asset, not just a passion purchase. They break down the specific metrics family offices use to evaluate art investments, including the Mei Moses All Art Index which has shown a 7.6% compound annual growth rate over the past 25 years...

Episode 24 of Family Office Conversations with Fexingo dives into an alternative asset gaining traction among ultra-high-net-worth families: collectible automobiles. Lucas and Luna discuss the $40 billion market for classic cars, how family offices are treating Ferraris and Porsches alongside more traditional alternatives, and the growing role of fractional ownership. They examine the 2023 sale of...

Episode 23 of Family Office Conversations with Fexingo explores a quiet but powerful asset class: farmland and timberland. Lucas and Luna examine why the Yale endowment model made this a core holding, how a single Iowa farm generated 12% annualized returns over 20 years, and the structural tailwind from global protein demand and carbon sequestration credits. They unpack the difference between row-...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore how multi-generational family offices are increasingly allocating capital to carbon credits—both as a hedge against regulatory risk and as a return-generating asset class. They break down the difference between compliance and voluntary markets, the role of third-party verifiers like Verra and Gold Standard, and why...

Episode 21 of Family Office Conversations dives into a trend that's quietly reshaping exit strategies: family offices using SPACs as a liquidity route for their private equity stakes. Lucas and Luna examine a specific case — a mid-market family office that took its portfolio company public via a SPAC merger in early 2026, generating a 4.2x return while retaining a significant ongoing stake. They u...

Episode 20 of Family Office Conversations: Lucas and Luna explore how single-family offices are allocating capital to fine wine as an alternative asset. They examine the Liv-ex Fine Wine 1000 index, which has returned 13.8% annually over the past decade with low correlation to equities. The hosts discuss storage costs, liquidity challenges, and how a $200 million family office in Geneva uses Borde...

Family offices are increasingly turning to the life settlements market, buying existing life insurance policies from policyholders who no longer need them. In this episode, Lucas and Luna explain how this works, using the example of a 72-year-old policyholder selling a $5 million policy for $800,000, and how a family office might earn a 12% annualized return by paying premiums until the policy mat...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore captive insurance — a strategy where family offices create their own insurance companies to cover risks like property, liability, and employee benefits. Lucas breaks down a real-world example: a $500 million single-family office that saved 30% on premiums by forming a captive in Vermont. They discuss the mechanics,...

Episode 17 of Family Office Conversations with Fexingo. Lucas and Luna drill into how sophisticated family offices are deploying tax-loss harvesting strategies in the current 2026 market environment — not just for equities, but for private holdings, crypto, and concentrated stock positions. They break down a real example: a single-family office that saved $4.2 million in capital gains taxes last y...

In this episode, Lucas and Luna explore a quiet but powerful asset class favored by multi-generational family offices: mineral and royalty rights. They break down how families in Texas, Oklahoma, and the Permian Basin have structured ownership of oil and gas royalties to generate decades of tax-advantaged income without operational headaches. Lucas explains the difference between mineral rights an...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore the growing trend of litigation finance as an alternative asset class for single-family offices. They break down how a New York-based family office deployed $25 million across a portfolio of commercial lawsuits, targeting net returns of 14-18 percent annually over a three-year horizon. The hosts discuss the mechani...

Lucas and Luna explore how sophisticated family offices have overhauled their cash management since the era of near-zero interest rates. They focus on the case of a multi-billion-dollar single family office that built an internal treasury desk to actively manage cash and short-duration fixed income, earning an incremental two percent yield on their liquidity portfolio. The hosts break down the spe...

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 focus on the case of Hipgnosis Songs Fund, which was acquired in a $1.6 billion deal in 2024, and discuss how royalty streams offer uncorrelated returns and inflation protection. The hosts break down the mechanics o...

Lucas and Luna explore the growing trend of family offices investing in life insurance policies through the secondary market, known as life settlements. They break down how these policies are priced, why institutional capital is entering the space, and what risks family offices weigh before buying. With $5 billion in life settlement assets under management in 2025, this episode offers a concrete l...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore how single-family offices are navigating cryptocurrency investments in 2026. They focus on the '1% rule'—allocating roughly 1% of portfolio to crypto as a diversifier, not a speculation. Lucas references a 2025 study by Global Family Office Compass showing 62% of family offices now have some crypto exposure, up fro...

In this episode of Family Office Conversations with Fexingo, Lucas and Luna explore how family offices are approaching impact investing in 2026. They focus on a concrete case: the Rockefeller Family Fund's shift from fossil fuels to climate solutions, and how its 7.8% annualized return over five years challenges the myth that impact means concessionary returns. Lucas breaks down the three-tier fra...

Episode 9 of Family Office Conversations with Fexingo explores venture debt as an alternative to equity dilution for growth-stage companies. Lucas and Luna examine how family offices use structured credit to generate 10-15 percent yields while protecting principal, anchored by the case of a single-family office that built a $300 million venture debt portfolio with a net-zero default rate through 2...

Lucas and Luna dive into the growing trend of family offices hiring operating partners — executives who work directly with portfolio companies to boost performance. Using the case of a single-family office that brought in a former manufacturing CEO to turn around a struggling industrial investment, they explore how this model differs from traditional PE, the typical compensation structures, and wh...