#Switzerland #Zurich #ITTIKAR #Millenium Associates #Ray Soudah

Millenium Associates AG Chooses Ittikar for Private Capital Transactions

Millenium Associates AG, an independent consultancy specializing in mergers and acquisitions, has made headlines with its recent decision to partner with Ittikar, an innovative private capital network designed specifically for global family offices. Founded in Zurich in 2000, Millenium brings 25 years of experience in the financial sector onto this new platform, underscoring a commitment to enhancing private investment opportunities.

Ray Soudah, the esteemed chairman and founder of Millenium Associates, has also joined the strategic advisory council of Ittikar, effective immediately. This partnership is poised to revolutionize how family offices conduct transactions, enabling direct capital raising and investment opportunities facilitated by advanced AI technologies.

The arrangement sees Millenium Associates leveraging its extensive network, which comprises more than 500 family offices across Europe, the Middle East, Latin America, and Asia—over 100 of which are foundational members. Ittikar’s platform distinguishes itself by allowing family offices to analyze deals and transact directly, bypassing the conventional public market processes.

With Ittikar’s innovative capabilities, the transaction team from Millenium will collaborate closely with Ittikar’s investment professionals to vet potential deals before they reach the broader network. This two-way approach to transaction analysis enhances the quality of opportunities presented to both family offices and entrepreneurs.

The collaboration comes at a time when transaction analysis tools have become increasingly accessible, signaling a shift within the industry towards more dynamic and adaptive investment strategies. "Building a family network that comprehensively navigates these transactions cannot be expedited, nor can the insights gained through two decades of deal-making experts, which makes this partnership particularly valuable," stated Soudah.

Ittikar, while driven by AI technologies, operates with robust human oversight. This ensures that the analysis and evaluation of each investment opportunity is meticulous, effectively tailoring deals to resonate with each member’s unique Capital DNA™.

The relationship is deeply rooted in mutual respect and understanding; Soudah and Ittikar's founder, Hussam Otaibi, have worked together for more than 15 years in various capacities within the sector. Otaibi expressed confidence in Soudah's capabilities, highlighting that superior transactional judgment and expertise are irreplaceable advantages in this competitive market.

According to Soudah, historical experience and technological integration set Ittikar apart from other platforms vying for Millenium's partnership. He emphasized that the people behind the technology, experienced in navigating such complex terrain, form the core of successful investment transactions.

As this partnership takes effect, Millenium Associates plans to gradually introduce Ittikar’s platform to its clients and expand collaboration on transactions across Europe and the Middle East. The goal is to enhance connectivity between family offices and entrepreneurs, thereby fostering a more robust investment ecosystem.

Family offices, entrepreneurs, and advisors interested in learning more about this opportunity can visit Ittikar's official website. This strategic collaboration not only signifies a leap forward in private capital transactions but also highlights the crucial blend of experience and innovation as a catalyst for success in wealth management.

About Ittikar

Ittikar is a private capital network dedicated to international family offices, created and optimized by artificial intelligence. It streamlines the investment process by offering comprehensive deal analyses, selective co-investments, and direct fund-raising opportunities, all within a platform tailored uniquely for its investors.

About Millenium Associates AG

Millenium Associates AG is an international independent consultancy in mergers and acquisitions founded in 2000 and based in Zurich, Switzerland. The firm specializes in providing advisory services across various sectors, benefiting from an established advisory board of high-level professionals, particularly in private banking, wealth, and asset management.