PVBLIC Foundation and Water & Shark sign strategic partnership to advance Family Office Leadership and Sustainable Development at UNGA 81
From left to right: Sujit Nair, Managing Director of Water & Shark; Harsh Patel, Founder and Global CEO, Water & Shark; and Sergio Fernandez de Cordova, Executive Chairman, PVBLIC Foundation
JOINT PRESS RELEASE
NEW YORK CITY, 23 September- As the world gathers for the 81st Session of the United Nations General Assembly, PVBLIC Foundation and Water & Shark signed a strategic memorandum of understanding that was announced at the Family Offices for Sustainable Development (FOSD) Summit. This agreement established a strategic collaboration focused on advancing research tied to responsible wealth stewardship, next-generation family office leadership, and the role of private capital in sustainable development.
“Family offices bring more than capital. They bring a long-term perspective, expertise, and relationships that can help countries advance their development priorities,” said Sergio Fernández de Córdova, Executive Chairman of PVBLIC Foundation. “Our new partnership with Water & Shark brings research expertise into FOSD’s work, helping families make informed decisions across borders and participate as long-term partners alongside governments and the multilateral system.”
This announcement comes at a time when sustainable development programs and initiatives require newfound funding solutions for building resilience. PVBLIC Foundation’s FOSD connects leading family offices - representing over $250B+ across 125 countries - with governments, multilateral institutions, and UN partners to co‑architect sovereign‑aligned solutions in education, nature, technology, and economic development. For its part, Water & Shark brings extensive cross-border expertise in advising family offices, UHNWIs, and global enterprises on protecting and preserving capital across generations. Through this new cooperation, Water & Shark and FOSD’s vision for the future can scale to expand social impact initiatives around the world.
"It was a privilege to sign this Memorandum of Understanding between Water & Shark and PVBLIC Foundation at the FOSD Summit during the 81st Session of the United Nations General Assembly, a setting that itself reflects the ambition of what we are building together. We are deeply grateful to Sergio Fernández de Córdova and the entire PVBLIC Foundation team for their trust and partnership. We look forward to developing landmark research and publications that examine how family offices can evolve into enduring institutions of responsible capital stewardship, sustainable leadership, and multi-generational impact," said Harsh Patel, Founder and Global CEO of Water & Shark.
The signing at the FOSD Summit reflects the broader purpose of the platform; to educate, engage and activate. Beyond this high-level week during the UN General Assembly, FOSD is committed to bringing knowledge to the forefront for family offices seeking to engage in closer dialogue with the global development community.
Through this collaborative work moving forward, PVBLIC and Water & Shark intend to connect research with real-world dialogue and implementation. Both organizations aim to contribute to a broader conversation about how family offices and the next generation of global wealth holders can deploy knowledge, networks, and capital toward lasting impact and sustainable development.
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PVBLIC Foundation is a global foundation dedicated to redesigning how society addresses its most daunting challenges. At the intersection of diplomacy, development, and innovation, PVBLIC is a trusted platform between governments, the United Nations, global family offices, and the private sector to advance bold ideas into large-scale change. Through its four institutional pillars; Nature, Technology, Capital, and Multilateralism, PVBLIC reconceptualizes potential by constructing the framework for future developments. To learn more, visit pvblic.org.
Water & Shark is a multi-disciplinary global legal, tax and strategic advisory firm. With a presence across 12+ jurisdictions, the firm advises family offices, UHNWIs and global enterprises on asset protection, international taxation, cross-border structuring and wealth architecture to protect, preserve and prosper across generations. To learn more, visit waterandshark.com.
Media Contacts:
Tania Israni, Media & Communications, Executive Assistant to the Founder and Global CEO | media@waterandshark.com
Mariana Mellado, Communications Coordinator, PVBLIC Foundation | mariana.mellado@pvblic.org
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