Ittikar Private Capital Network Opens to New Members
The family office network Ittikar has launched publicly after operating among 100 founding members since March, completing two acquisitions under Mondevo Group.
A private capital network designed for family offices has gone fully online and begun accepting new members, its operator Mondevo Group announced on October 1, 2026. Known as Ittikar, the platform had been operating in a closed capacity among 100 founding members since March before opening its doors more broadly.
Since entering that founding-member phase, Ittikar has already completed two acquisitions on behalf of the Mondevo Group, signaling early operational momentum for a network that is still in its formative stages. The dual-city initiative is anchored between Abu Dhabi, UAE, and Geneva, Switzerland — two global financial centers with deep ties to sovereign wealth and private wealth management.
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The Mondevo Group first announced Ittikar in November 2025, framing it as an infrastructure-level solution for family offices seeking curated access to private capital opportunities. The move into full membership reflects confidence that the platform's early mechanics are functional and scalable.
Family office networks have grown in prominence as ultra-high-net-worth investors seek alternatives to traditional private equity and venture capital channels. By positioning Ittikar as a member-governed structure with a founding cohort, Mondevo appears to be betting on a community-driven model rather than a purely transactional marketplace.
The network's geographic footprint — straddling the Gulf and Western Europe — may be a deliberate signal to capital holders in both emerging and established markets. Continue reading at All Financial Services & Investing.
