SE Asia Family Offices Pivot to AI and Private Markets Amid Wealth Boom

The Southeast Asian family office sector is entering a period of rapid expansion, supported by rising regional wealth, succession planning activity and evolving investment strategies.

The SE Asia family offices report by The Venture Network highlighted accelerating growth across the region, particularly in Singapore and Malaysia.

Singapore, the region’s largest hub, surpassed 2,000 family offices in 2025 with assets under management of USD66.8bn.

Malaysia is also developing its ecosystem through the Forest City Family Office Scheme.

The report found that SE Asia family offices are increasingly diversifying away from US-focused liquid assets and allocating more capital to private markets, infrastructure, data centres and artificial intelligence investments.

Private markets now account for 24% of average portfolio holdings.

The report noted that Asia-Pacific’s projected USD5.8tr intergenerational wealth transfer by 2030 and Southeast Asia’s expected economic growth of 4.3% in 2026 could further accelerate demand for professional family office structures.

The findings reinforce the region’s growing importance in global private wealth management.