Over the last 30 years , François de Visscher has advised over 300 families around the globe on their direct investments, well before Family Office Direct Investments became a distinct investment strategy for family offices. What lessons have we learned? What are some of the key principles of direct investment policies for family offices? How do you mix family and business governance systems in the implementation of direct investments? How best to partner with other families when making direct investments? From internal family partnerships to partnerships with other families, how best to start a direct investment program?