Multi-Family Office

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3 Associates

3 Associates was established in London in 2015 by Jesdev Saggar, a former Managing Director at Deloitte Middle East.

3 Associates

3 Associates was established in London in 2015 by Jesdev Saggar, a former Managing Director at Deloitte Middle East. The firm was built to serve multiple entrepreneurial families, originating from Saggar's own real estate holdings and operating as a co-investment platform rather than a passive allocator. The office provides a blend of strategic advisory, estate planning, and direct investment management, with a geographic footprint that connects UK commercial real estate to Gulf capital and Indian infrastructure opportunities. The firm's strategy centers on core and core-plus commercial and hospitality assets, with exposure spanning office, mixed-use, and industrial real estate. Confirmed investments include 1 Pall Mall East and Buckingham Gate in London, where the firm has co-invested alongside Al Murjan Group. A consortium interest in the Grosvenor House Hotel on Park Lane and another in New York's Plaza Hotel suggest an appetite for trophy hospitality plays. The firm also pursues infrastructure-adjacent opportunities, evidenced by the Punjab Data Hyperscaler Campus in Mohali, India. Across these positions, 3 Associates typically structures direct deals and club-style co-investments rather than committing to blind-pool funds. Jesdev Saggar leads the firm, recognized as a member of RICS and named to the Family Capital Top 40 Family Office Advisers list. Saachi Saggar, a family member, directs alternative investments and heads 3A Invests, signaling a second-generation role in the firm's future deployment. The office maintains ties to Gulf-based principals including Sheikh Majid Al Maktoum, a relationship affirmed through business partnerships and regional recognition. May 2025: The firm continued to market its co-investment capabilities around core London assets, reinforcing its posture as an operator-led rather than purely allocator-driven family office. The firm's structural differentiator lies in its hybrid nature—it functions simultaneously as a deal principal and an outsourced investment office for families that want co-investment access rather than fund products. Unlike pure advisory multi-family offices, 3 Associates puts Saggar's own balance sheet into the transactions it arranges, creating alignment that generic wealth managers cannot replicate.

General information

Firm type

Multi Family Office

Year founded

2015

AUM

Undisclosed

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Jesdev Saggar

Founder and CEO

Saachi Saggar

Director of Alternative Investments

Sector focus

Real EstateInfrastructurePrivate Credit

Frequently asked questions

How does 3 Associates source its deals?

Deal flow originates primarily from Jesdev Saggar's operating network in London and the Middle East, built during his tenure as a Managing Director at Deloitte Middle East. The firm co-invests alongside repeat capital partners including Al Murjan Group, indicating a relationship-driven rather than broadly marketed sourcing model. The office does not operate as an open platform or fund-of-funds.

Does 3 Associates manage outside capital or only Saggar family wealth?

3 Associates is structured as a multi-family office and co-investment platform, not a single-family office. It manages and co-invests wealth for multiple entrepreneurial families alongside the founders' own real estate holdings. The firm has not publicly disclosed specific vehicles for third-party capital.

What real estate sectors does the firm focus on?

The firm targets core and core-plus commercial and hospitality assets. Confirmed positions include London office and mixed-use properties, consortium interests in luxury hotels—the Grosvenor House Hotel and New York's Plaza Hotel—and an Indian data-center campus. It does not publicly pursue speculative development or opportunistic strategies.

What is the firm's geographic reach?

3 Associates deploys capital across three primary corridors: the United Kingdom (London-centric), the Gulf Cooperation Council states, and India. The UK and Gulf positions are weighted toward income-producing commercial and hospitality real estate; the India exposure currently includes a hyperscaler data campus in Punjab.

How is the firm governed, and is there a succession plan?

Jesdev Saggar operates as Founder and CEO, with family member Saachi Saggar serving as Director of Alternative Investments and head of 3A Invests. This dual-generation structure suggests an active succession pipeline, though no formal governance board or external trustees have been publicly disclosed.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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