Strategy

HNW Investor Group Opens in Dallas

Nick Parmee 15 May 2007

HNW Investor Group Opens in Dallas

New York-based TIGER 21, a peer-to-peer learning group for high-net-worth investors, has opened a chapter in Texas. Founded in 1999 with six original members, TIGER 21 (The Investment Group for Enhanced Returns in the 21st Century) now has 130 members in the US, representing more than $7 billion of combined investable assets. Individual members must have a minimum investible net worth of at least $10 million for membership. Late last year, three new chapters were added in California, serving Los Angeles, San Francisco and San Diego. Earlier this year chapters were introduced in Miami and Palm Beach, Florida. TIGER 21 is exploring further expansion into Arizona, Las Vegas and Seattle. Members meet monthly to exchange investment ideas and share personal experiences on a broad range of issues. In addition to serving as a social networking and educational platform, TIGER 21 offers members access to investment opportunities, including private equity, real estate and hedge funds, as well as participation in other alternative investments.

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