Praxis NV is a multi-family office located in Belgium and currently manages the investable assets of 20 Belgium Dutch and French families. The firm does not disclose its assets under management however each family has a minimum asset size of €100 million. Each family also devotes a significant amount of its portfolio to alternative investments with the most aggressive family investing up to 60% across alternative funds. The firm uses only funds of funds for exposure to hedge funds. Families also make direct property investments but never invest in private real estate funds or private equity funds.