Family Office Exchange has added to its member development team.

Family Office Exchange, the US-headquartered peer-to-peer network, has appointed Vincent Hayes as a new director of member development, signalling a further drive to add to its numbers.

Hayes will serve as an ambassador for FOX, which is an international membership organization for over 8,000 family enterprises and their advisors, in reaching out to new members, promoting the networking, advice and education benefits provided by the FOX membership, it said in a statement.

Existing FOX sales team members will remain and will be under Hayes’ management in its Chicago HQ, it said. 

Hayes has had 15 years of experience in the investment world, most recently with AGN Futures, where he served as vice president of sales and operations since 2011. Previously, he worked at R J O’Brien & Associates, Global Forex Trading, and ZAP Futures.

Among previous announcements, FOX in September unveiled the agenda for its 2016 FOX Fall Forum, which is taking place November 2-4 in Chicago. This year's Fall Forum is entitled “Strengthening the Partnership”.

In April, FOX issued a report showing that more than two-thirds of family offices engaged in direct investing in 2015. Although family offices have for a long time now been making direct investments in private companies, it has been widely reported that the trend is accelerating.