This collaborative undertaking between the world’s biggest family wealth management company Campden Wealth and Patni’s RAAY Global Investments Pvt. Ltd. has taken shape this month and is looking forward to improved western education and business relations.
UK’s Campden has built up a structure with 1300 family principals and has spread around 30 countries in the world. RAAY Global on other hand has venture capital firm Nirvana Venture Advisors, Waterfield Advisors Pvt. Ltd, a boutique advisory firm of Mumbai, hedge fund Elysium Investment Advisors and seed fund for Big Data companies – The Hive India. In 2011, the group has come out with Nirvana Venture Advisors, which is on its way to raise $70-100 million on its its second funding.
Chairman, RAAY Investments Amit Patni said in a report of E-paper livemint, “Over the recent years, we have seen rapid growth in the number of HNWIs (high-net-worth individuals) as well as single and multi-family offices in India and the concept of family offices continues to evolve in India.”
He further added “Campden Family Connect will set up an Indian ultra-high net worth membership community by providing Indian business families global networking opportunities as well as access to international best practices in family business, family office and generational education.”