Ittikar Private Capital Network Now Open to New Members
The family office-focused private capital network has been operational since March and has completed two acquisitions through founding group Mondevo.
A private capital network designed exclusively for family offices has officially opened its doors to new members, marking a significant milestone in its rollout since becoming operational in March 2026. Known as Ittikar, the network is headquartered across Abu Dhabi and Geneva and is managed by its 100 founding members.
Since launching under the stewardship of those founding members, Ittikar has already demonstrated tangible activity, with two acquisitions completed by Mondevo, the group behind the network. The dual-city structure reflects the platform's positioning at the intersection of Gulf capital markets and European financial hubs.
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The network's origins trace back to November 2025, when the initiative was first announced, giving it roughly a year from conception to active deployment. The move to accept new members signals confidence among founders that the operational infrastructure is sufficiently mature to scale.
Family office networks have grown in prominence globally as ultra-high-net-worth families seek more direct control over private market investments, bypassing traditional fund structures. Ittikar's model, anchored by committed founding capital and early deal activity, positions it as a practitioner-led vehicle rather than a conventional fund-of-funds arrangement.
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