“Our first group has been filled out with entrepreneurs from a variety of industries including manufacturing, telecom, Internet and real estate, and from investment professionals as well as a scientist,” said Cal Simmons, who leads Tiger's Washington, DC-area group.

“Our second group is similarly diverse, which brings a healthy mix of world perspectives and knowledge to the table,” he said.

Simmons, currently the chairman of the Virginia Tourism Corporation, co-founded and managed three early-stage venture funds including The E-Media Club, The Dinner Club and The Washington Dinner Club. He was also the founding investor in three companies that have gone public, and is a former chair for The DC chapter of Young Presidents Organization. 

Tiger 21 - The Investment Group for Enhanced Results in the 21st Century – has over 220 members who collectively manage over $20 billion in total assets.

Members of the organization meet monthly to share investment ideas and experiences on a range of wealth-related issues. They also have access to investment opportunities including private equity, real estate and hedge funds, as well as participation in a host of other alternative investments.

In June last year Tiger added estate planning, philanthropy, business evaluation and risk management to its curriculum. Family and health are also big themes, it said.

The new DC-area group will meet in Tysons Corner, VA. Tiger first entered into the Washington, DC, market in October 2011. 

“There is no shortage of affluent investors in the Washington DC/Northern Virginia Metropolitan area who can benefit from the type of collaborative learning environment created at Tiger 21,” Simmons added. 

Tiger has a presence in New York, Los Angeles, CA, San Francisco, CA, San Diego, CA, Miami, FL, Washington, DC, and Dallas, TX, as well as Canadian groups in Vancouver, Toronto, Calgary and Montreal. The organization is also set to launch another group in Palm Beach, FL, in December.