Going Global: Campden Media Buys Institute for Private Investors

February 01, 2011 at 09:24 AM
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London-based Campden Media, which offers publications, research, conferences, and networking to ultra-high-net-worth families in the U.S. and "Europe, Asia, the Middle East and Russia," has acquired the Institute for Private Investors (IPI), which serves a similar membership and is based in New York. The combined firms "will link financial and business-owning families around the world, representing over $200 billion in assets," according to an announcement on Tuesday.

Terms were not disclosed. Campden serves the wealth and healthcare markets providing publications, events and research. IPI serves wealthy investors and families, providing education, conferences and networking opportunities for members.

"As IPI members become more global with cross-border interests, the affiliation with Campden takes us to the next level.  I am very excited to implement this next phase of our growth for the benefit of the IPI community," stated IPI's Founder and CEO, Charlotte Beyer, in the release. "Together, IPI and Campden will continue to offer a safe harbor dedicated to education and community. Now IPI members will have the advantage of additional services and an international platform, with future opportunities for access to Campden's global community through conferences, magazines, e-news service and research."

"Campden's business and financial family community and IPI members will have enhanced opportunities to network, share and exchange information and intelligence on a global basis," Campden CEO John Pettifor stated in the announcement. "Our goal is to anticipate the needs of family businesses and ultra high-net-worth individuals around the world."

Beyer will continue to run IPI as a separate brand, and Campden's Managing Director for North America, Mindy Rosenthal will assume the responsibilities of outgoing IPI President Kristi Kuechler, who has resigned.

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