The Campden Community
Campden Family Connect is dedicated to providing independent information, education, trainings and facilitation to principals and family members of ultra-high net worth financial and business-owning families in India, who annual revenues exceed INR 300 crores, as well as Family Office executives and trusted advisors.
Definitions of the Campden community
- Family Business
A privately owned business. The families have a controlling ownership interest in the business and are generally actively involved in the day to day management of the business. Family members who own, manage or are involved in their business are eligible to join our membership network, attend our meetings and receive our publications and research.
- Family Member
A family member is either a descendent or beneficiary of the primary Family Business owner and is engaged with either the Family Business of the Family Office. A family member may also be the next generation of a business owning family aged from 18 – 40. They are eligible to join our membership network, attend our meetings and receive our publications and research.
- Single Family office
The private office for a family of significant wealth. The purpose of the office can vary but is dedicated exclusively to serving the investment, personal and legacy needs of one family. Executives who work in such an office but are not directly associated with the family (family members) are eligible to attend our meetings and receive our publications and research. Family office executives may join our membership network if nominated by a Family principal.
- Private Multi Family office
This field continues to evolve. In some instances SFO’s have opened their doors to other families and now manage or oversee the investment affairs of three, four or more families. They traditionally have a founding family who provide a substantial pool of the assets under management and are independently established to look after the direct interests of the families they serve.
For a multi family office to qualify to attend our meetings and receive our publications and research they need to be:
- Not for profit
- Provide a majority of their services for the family (investment, governance, reporting, philanthropy and concierge)
- Owned by one or more of the families that use them
- Executives of these offices may attend our meetings but pay a premium registration fee and are eligible to receive our publications and research.
- Family Foundation
An entity that exists to support and oversee the charitable activities of a family. Funded by donations from a family. The foundation will invest the money given to it to make a return as well as to fund charitable projects and philanthropic activities. Representatives of foundations may be eligible to attend our meetings and receive our publications and research if they are supported by a family member.
- Private Investor
An independently wealthy individual who spends their time managing their investments and has a net wealth that exceeds INR 300 crores. They have typically sold a business or have inherited a substantial amount of money but don’t have an operating business or formal family office structure through which to manage their money. They are eligible to join our membership network, attend our meetings and receive our publications and research.