NEW YORK, April 12, 2016 /PRNewswire/ -- TIGER 21, the premier peer-to-peer learning network for high-net-worth investors, today announced it has reached the 400-Member milestone.
TIGER 21 was founded in New York in 1999, offering an unparalleled educational experience for high-net-worth investors and entrepreneurs. The group provides its Members with the opportunity to focus on improving their investment acumen and market knowledge while exploring the challenging issues of wealth preservation, estate planning and family dynamics beyond finance. TIGER 21 now has more than 400 Members, who collectively manage more than $40 billion in personal investable assets.
The network's 400th Member is Ben Nehmadi, Founder and Managing Principal for Republic Investment Company in Los Angeles. Mr. Nehmadi emigrated from Iran in the late 70s at the age of 16, and at 22 he secured a $24,000 personal loan. This loan allowed him to build his real estate company by acquiring rent-stabilized multifamily properties in the New York Metropolitan area. He focused on purchasing undermanaged rental buildings and adding capital improvements to the units, eventually bringing construction, management and leasing activities in-house.
Following his New York success, Mr. Nehmadi expanded the firm by acquiring properties in major gateway cities across the United States and Central America, including the A&E Television/Time Life Headquarters in New York City. In 1993, he founded Republic Funding LLC in response to the demand for short-term, quickly accessible commercial real estate financing, which has offices in Los Angeles, New York and Florida.
"The draw of TIGER 21 is undoubtedly the impressive knowledge base of its Members. I'm looking forward to participating in the peer-to-peer sharing of intelligence and ideas, and learning from recognized leaders in their respective industries. I know I will be able to garner meaningful insights from the other TIGER 21 Members around the table, and simultaneously add value to the group by sharing ideas on how to most productively give back to communities," said Mr. Nehmadi.
At the core of TIGER 21 are monthly confidential group meetings, which provide a forum for candid discussions on the challenges and opportunities of wealth management. The groups convene to share pertinent investment advice and tap the collective intelligence of the group in areas such as financial services, real estate, industrial and consumer goods, legal services, entertainment, startups, technology and medicine. These groups meet in 22 cities across the United States and Canada.
"We have built an organization filled with extraordinary individuals," said Michael Sonnenfeldt, Founder of TIGER 21. "Our Members have achieved significant success as entrepreneurs, investors, senior partners in real estate and financial firms and CEOs of major businesses. What is unique about our learning environment is that each Member comes with a thirst for learning. The dynamic created within our Groups provides access to unique perspectives that would be impossible to duplicate. The world is complex and unpredictable, but our Members are still faced with consequential life and investment decisions which must nonetheless be made. Our Members participation in TIGER 21 becomes an essential tool for meeting those challenges and creates, for many Members, the equivalent of a personal board of directors."
About TIGER 21
TIGER 21 (The Investment Group for Enhanced Results in the 21st Century) is North America's premier peer-to-peer learning network for high-net-worth investors. TIGER 21's 400 plus Members collectively manage over $40 billion in personal assets, and meet for a full day each month in highly confidential meetings all across North America that are facilitated by our highly trained Chairs, many of whom are or were successful entrepreneurs, as well. TIGER 21 focuses on improving investment acumen as well as exploring common issues of wealth preservation, estate planning and family dynamics. Founded in 1999, TIGER 21 is headquartered in New York City and has groups in Atlanta, Austin, Boston, Chicago, Dallas, Denver, Houston, Los Angeles, Miami, New York, Newport Beach, CA, Palm Beach, San Diego, San Francisco, San Juan, PR, Seattle, Tysons Corner, VA, and Washington, DC as well as Canadian groups in Calgary, Montreal, Toronto, and Vancouver. More information can be found at www.TIGER21.com.
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SOURCE TIGER 21