Dubai’s thriving $1 trillion family office landscape is set to witness a significant development with the launch of the FO Club, an initiative designed to strengthen the rapidly growing family office ecosystem in the region.
The latest initiative aims to consolidate and expand the growing family offices network in the emirate, aligning it with the global family office community managing over $1 trillion in assets.
The FO Club, which operates without membership fees or external sponsors, will be a self-sustaining network managed by single-family offices and funded by Family Office Summits.
In the aftermath of the COVID-19 pandemic, Dubai experienced a marked increase in the number of family offices, leading to the emergence of a more structured and interconnected community.
Obediah Ayton, the visionary behind the FO Club, founder of Dhabi Co, and Chairman of the Family Office Summit, if one consistently brings the right people together over the course of a year, extraordinary outcomes are inevitable.
The foundation of this club, according to Ayton, mirrors Warren Buffett’s long-term investment approach – value lies in patience, careful selection, and sustainable growth.
“By focusing on assembling the right people, the FO Club fosters an environment where relationships thrive and deals are made, creating a modern platform for family offices to collaborate, innovate, and prosper,” Ayton said.
Since the pandemic in 2020, Dubai has experienced a surge in family offices, underscoring the growing need for a dedicated and well-structured community.
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