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AF Ventures
Andrew Farkas' AF Ventures invests family capital from the Insignia-CBRE transaction into PropTech and enterprise startups reshaping the built world.
AF Ventures
AF Ventures is an SEC-registered investment adviser based in Greenwich, CT, registered since 2018. It advises clients on investment strategies from its Connecticut headquarters. The firm focuses on investment advice.
General information
Firm type
Venture Capital
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Greenwich
Corporate office
Greenwich, CT, United States
Principals
Andrew Farkas
Founder & Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at AF Ventures?
Andrew Farkas, the founder and former CEO of Insignia Financial Group, is the principal decision-maker. The firm operates with a lean structure, supported by the broader Island Capital Group merchant banking platform, where Farkas also serves as chairman and CEO. Investment decisions reflect his decades of commercial real estate operating experience.
How does AF Ventures source proprietary deal flow?
Deal flow originates through the Farkas family's extensive commercial real estate network, including relationships with landlords, property managers, and institutional owners. Island Capital Group's advisory and asset management arms also surface companies serving the real estate ecosystem. This industry integration distinguishes AF Ventures from generalist family offices.
Is AF Ventures a single family office or a venture capital firm?
AF Ventures functions as the private investment vehicle for Andrew Farkas and his family, making it a single family office in structure. However, it operates alongside Island Capital Group, a merchant bank, creating a hybrid posture where venture investments are informed by ongoing commercial real estate operations rather than purely financial criteria.
Does AF Ventures co-invest with external venture funds?
Yes, AF Ventures frequently participates in rounds alongside institutional venture firms. This is consistent with both its family office roots and its position within a merchant banking platform that values strategic alignment. In practice, the firm often acts as a follow-on or syndicate partner in rounds led by larger PropTech and enterprise investors.
What is the relationship between AF Ventures, Island Capital Group, and the Farkas family?
Andrew Farkas controls all three entities. Island Capital Group is the merchant banking platform he founded after the Insignia-CBRE merger, providing real estate advisory and principal investment services. AF Ventures is the family's direct venture investment vehicle, sharing personnel and origination resources with Island Capital while maintaining a distinct investment mandate focused on early-to-growth-stage companies.
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