TIGER 21 has launched another group in the Golden State, bringing its total number of chapters across the US and Canada to 24.

TIGER 21, the peer network of wealthy investors, has appointed investor and advisor Pete Wilson as chair of its third San Francisco Bay Area group.

Wilson focuses on investing in and advising small businesses in the Bay Area, and has previously worked at BARRA, Montgomery Asset Management, BGI and BlackRock.

“The Bay Area has long been heralded as an incubator of innovation and talent, and we have expanded our presence there to accommodate the demand for this program. People in San Francisco want to network, discuss wealth preservation, and learn from their peers,” said Barbara Goodstein, president and chief executive of TIGER 21.  

Meanwhile, last week, the organization expanded into North California with a new Group in Charlotte. Chris Cecil, president of Biltmore Family Office, was named as chair of the new group.

TIGER 21 stands for The Investment Group for Enhanced Results in the 21st Century and is headquartered in New York City. Members are typically entrepreneurs, chief executives, inventors and other senior executives with backgrounds in financial services, real estate, industrial and consumer goods, legal services, entertainment and medicine.

The groups meet monthly to share investment ideas and experiences on a range of wealth-related issues.