Focus Financial Partners Inc. (NASDAQ: FOCS) (“Focus”), a leading partnership of independent, fiduciary wealth management firms, announced today that it launched Beryllus Capital in a joint venture with the Hinduja Group, one of the world’s leading, diversified conglomerates with businesses spanning 11 industry sectors across 38 countries.
Beryllus Capital is a multi-family office that will cater to some of the most prominent families in the world through offices in London, Geneva and Singapore. The firm will provide advice and integrated strategies for managing its clients’ investments, philanthropic endeavors and legacies. Its services will include investment management, investment banking and real estate advisory. With distinctive client relationships and a global presence, the firm will create access to diverse investment opportunities across public and private markets. Through its family office, Beryllus Capital’s deep connection with its clients will extend to managing the complexities of their personal and professional lives.
Founded by four well-known senior wealth advisors who recognize the value of an independent, global, open-architecture approach, Beryllus Capital will be led by Amit Kotha, a founder and veteran senior wealth advisor based in London. Kotha previously held leadership positions at a global banking and wealth management institution in the U.K., most recently as a Managing Director of that firm’s Enterprise Strategic Clients business, advising ultra-high net worth families in the U.K., Middle East and South East Asia.
“We are partnering with great optimism on Beryllus Capital with Focus Financial Partners,” said G.P. Hinduja, Co-Chairman of the Hinduja Group. “This is an important strategic alliance. Beryllus Capital will address the bespoke needs of ultra-high net worth families on a global scale, with outstanding professional and governance standards.”
“I am very excited to lead this groundbreaking initiative,” said Amit Kotha, Founder & Managing Partner of Beryllus Capital. “Our strength lies in the long-standing connections that our founding partners have with some of the most influential families in the world. The caliber and expertise of our leadership is also an important source of differentiation, and the Beryllus Capital team brings together outstanding advisory capabilities together with an integrated Chief Investment Office desk. With the backing of clients with whom I have worked with for many years, as well as Focus Financial Partners, a leader in independent wealth management, I am confident that Beryllus Capital will establish a new standard for multi-family offices worldwide.”
“We are honored to partner with the Hinduja Group and such an impressive team of founding advisors in launching Beryllus Capital,” said Rajini Kodialam, Co-Founder and Chief Operating Officer of Focus. “Beryllus Capital will benefit from Focus’ expertise, scale and growing international footprint. Beryllus leads our expansion into Europe and Asia, and is another outstanding example of how we are expanding our presence in the ultra-high net worth segment.”