The peer-to-peer investor group Tiger 21 recently took in its 250th member and the collective investable assets of the membership have passed $25 billion.
Founded in 1999 with an initial roster of New York-based investors, Tiger 21 now has 26 groups in 16 cities in the U.S. and Canada. The majority of members have assets between $10 million and $100 million.
Tiger 21 groups meet monthly and use the group community as their informal board of advisors when making investment, financial or personal decisions, says the organization, adding that its sustaining principle is that no single individual is as smart as the collective intelligence of the members.
Members are primarily entrepreneurs, but also include corporate executives, private investors and senior members of real estate companies across the country.
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