TIGER 21 expands India footprint to five groups as network marks first anniversary
TIGER 21 is expanding its India presence to five groups, adding two in Delhi as demand grows among ultra-high-net-worth individuals for peer guidance on wealth, succession and family governance.
TIGER 21 is also planning a dedicated family office Group for India, which will launch once the network identifies the right chair to lead it.
MUMBAI: TIGER 21, a peer-to-peer learning network for ultra-high-net-worth wealth creators and preservers, is expanding its presence in India to five groups as it completes its first year of operations in the country.
The network entered India a year ago with two groups in Mumbai and one in Bengaluru. It has since launched its first group in Delhi and plans to open a second in the capital later this year, taking its total India footprint to five groups.
TIGER 21 provides a confidential platform where entrepreneurs, investors and family-business leaders meet in small peer groups to discuss issues ranging from investment and wealth management to succession, governance and long-term legacy planning.
“India is an increasingly important market when it comes to global wealth, and our Indian Members bring tremendous insight to the global TIGER 21 community,” said Timothy F. Daniels, President and CEO of TIGER 21.
Daniels said the pace of expansion reflected demand for the network in India and indicated that its presence in the country could expand further.
The anniversary comes ahead of a visit to India by Daniels and TIGER 21 Chief Operating Officer Greg Wells in early October. The executives are scheduled to meet members and local business leaders during the visit.
Succession emerges as key issue
Succession and inter-generational wealth management have emerged as prominent subjects within TIGER 21’s Indian groups, according to the organisation.
Many of its Indian members are second- or third-generation members of business families who are defining their roles alongside parents and grandparents while considering how businesses, investments and responsibilities should transition to the next generation.
The network says its international structure allows Indian members to exchange experiences with peers who have dealt with similar succession, family governance and wealth-transition issues in other markets.
TIGER 21 is also planning a dedicated family office group in India, which it expects to launch after identifying a chair to lead it.
The organisation said it is witnessing growing cross-border engagement, with members from other markets visiting its Mumbai and Bengaluru groups. It expects such exchanges to increase as India’s wealthy families become more involved in global investment and wealth-management networks.
Founded in 1999, TIGER 21 says its global community has grown to nearly 2,000 members aged between 27 and 90, with an average net worth of $140 million. The network operates across North America, Europe, the Middle East and Asia and conducts more than 140 confidential member meetings every month.
Membership is by invitation, with individual groups designed to function as a personal board of directors for members, providing peer perspectives on investing, leadership, family governance and legacy planning.
