cc @DavidJNage

I posted this about a year ago... Bitcoin, for a Family Office, has historically fallen more in the "VC" bucket -- most have not defined a specific portfolio bucket for it (it's needed) They *could* create a Digital Asset bucket & take .50 from PE and .50 from VC and get to 1% pic.twitter.com/jxwTqnxamd

In my experience, it's almost always under "Private Equity" either direct or funds, depending on whether they want to hold BTC directly or participate in a venture fund such as @ElectricCapital

We actually wrote a lot about this in the section on simplicity > complexity (#4). Depending on the strategy, structure & timeframe it tends to be either absolute return HF (liquid) or PE/VC in alternatives bucket (illiquid). link.medium.com/XEiQo5v7x2

I had the same question - I think it’s not but should be. Then others will adopt the % slice. Reminds me of “experimental” budgets big Cos have

Probably only indirectly via alternative investment funds

doesn't look like it includes any alternatives (fine cars, wine, art), though i expect to be small, certainly aren't 0

cc: @avichal

It replaces multiple