How to lure more domestic family offices to alternatives?

Domestic family offices are yet to go big on alternatives as returns have been patchy and fund managers do not align with their thinking. Clearly, the risk-reward ratio is not good enough to lure family offices to alternatives just yet.
At a virtual summit, senior executives from Kolte-Patil Family Office, Dinesh Hinduja Family Office and UKPI (promoter of Berger Paints India Group) dove into this topic.
For detailed discussions, watch the video from VCCircle Limited Partners Summit 2021 that took place on February 18-19.