Wealth & Finance July 2017

Wealth & Finance International 4 Silicon Valley Family Office Association Launches as Networking Resource for Wealthy Families On July 18th, Family Office Networks announced the launch of a new division in the Silicon Valley led by local resident Sanjeev Chitre. The Silicon Valley Family Office Association (siliconvfoa.org ) will serve one of the most intellectually astute family office regions in the country. The group is designed to serve the extremely accomplished single and multi-family office community by creating an environment in which to share intellectual capital, leverage their years of industry expertise, and bring unique industry-generated deal flow and opportunities. “Our worldwide network provides information, opportunities and invest- ment resources to affluent families and individuals. We provide multi-gen- erational support to family structures to ensure continued success and wealth preservation, including access to deal flow leveraged through local family office communities in 29 money centres around the U.S. and the world. We will offer our Silicon Valley members exceptional news, infor- mation, and other resources to help ensure that they are well-positioned for future success,” said Steve Saltzstein, founder and CEO of Family Office Networks. Local Managing Director Sanjeev Chitre has 35+ years of experience and currently serves as Managing Partner of The U-Group. Mr. Chitre has had a tremendously successful industry career of starting, growing, and exe- cuting the liquidity of several major small and medium size companies. He founded The U- Group in 2004 as a strategic and M&A advisory firm focused on Exit-Engineered Execution including cross border leverage in transactions. The U-Group has successfully implemented several val- ue- enhanced exits for medium sized technology firms through product, technology, market expansion, and financial repositioning in both domes- tic and global markets. The Silicon Valley Family Office Association is open to any family office operating within the local area. There will be numerous events, seminars, and special functions that take place throughout the year engineered to deliver the most pertinent information to assist family offices in reaching their goals. For information about joining the Silicon Valley Family Office Association at: siliconvfoa.org Wealth & Finance Inter ational | News