 "Amit & Arihant Patni's RAAY Investments ink alliance with Camden Wealth")
Amit Patni, through his family office RAAY Investments along with Arihant Patni, today announced an alliance with UK-based Campden Wealth to bring its integrated global membership platform to India.
Campden Family Connect is a first of its kind of alliance, which aspires to establish a premier Indian ultra-high net worth membership community providing Indian business families global networking opportunities as well as access to international best practices in family business, family office and generational education.
In addition, the program will offer benefits such as personalised introduction to other community members across businesses to enable a professional connect. Further, members will be entitled to indigenously articulated wealth management intelligence report offering sectorial view of business trends. The members will gain from substantial global insights on advisory and upcoming trends paralleled with relevant and timely information and education required for thoughtful decision-making.
“Over the recent years, we have seen rapid growth in the number of HNWIs as well as single and multi-family offices in India. While the concept of family offices continues to evolve, we believe Campden Family Connect with its pioneering community and diverse offerings will be able to provide exclusive commune for ultra-affluent business families to discuss and deliberate their most pressing concerns and seek solutions in a non-competitive, open environment. Backed by this strategic vision, we are confident that this alliance will play a pivotal role in further institutionalizing and expanding family offices in India", said Amit Patni, chairman, RAAY.
Established in 1987, Campden Wealth is an independent family owned business. It comprises of 1,300 family principals spread across 30 countries.
In India, Campden Family Connect will be led by joint efforts of Campden promoters and Patni family to leverage on their combined network.
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On choosing Patni brothers as partners, Dominic Samuelson, CEO, Campden Wealth said, "This partnership in India will offer greater connectivity for our international membership and will provide the Indian UHNW community with direct access to best practice education from families around the world."
He further added, "We realised the opportunity in India. The desire for Indian families to engage on a global level and the ability for us to deliver western education and business relationships is why we created CFC.”
On April 6, 2016, Campden Family Connect will be hosting an introductory prelude in Mumbai. The programme will draw participation from ultra-high net worth individuals, family business owners and their family offices who will congregate to discuss emerging opportunities and challenges in the family office space in India.