Single Family Office

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AFO Capital

AFO Capital was founded in 2007 following the sale of the family's operating business TTI, Inc. Paul E. Andrews Jr. established the office to oversee family...

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AFO Capital

AFO Capital was founded in 2007 following the sale of the family's operating business TTI, Inc. Paul E. Andrews Jr. established the office to oversee family wealth, with Jennifer Dempsey serving as CEO and CIO. The firm coordinates investment management, accounting, tax planning and charitable activities for the Andrews family and related entities. The office allocates across public equities, private markets, real estate and philanthropic vehicles. Investment types include direct co-investments, SPVs and alternative VC models. Confirmed focuses span PropTech, Digital Health, EdTech and FinTech, with technology emphasis on AI/ML, Cybersecurity and Enterprise Software. Activity centers on early-stage through Series B opportunities in North America. Real-asset holdings include Preston Plaza in Dallas and the Bounty Minerals portfolio in Southwest Appalachia. The team includes family members Judy Andrews and Chris Andrews alongside business partner Nick Anacreonte. AFO Capital participates in Philanthropy Southwest and Association for Corporate Growth events. The Paul E. Andrews Jr. Foundation handles charitable coordination. No operational events from the last 24 months appear in available records. The office maintains an integrated structure that combines investment management with in-house administration of trusts, partnerships and the family foundation. This setup centralizes tax, estate and reporting functions under one entity rather than relying on external advisors for core operations.

General information

Firm type

Single Family Office

Year founded

2007

Location

Region

North America

Country

United States

City

Fort Worth

Corporate office

777 Main Street, Suite 3440, Fort Worth, TX 76102, United States

Principals

Paul E. Andrews Jr.

Founder

Jennifer Dempsey

CEO and CIO

Nick Anacreonte

Partner

Sector focus

PropTechDigital HealthEdTechFinTechAI/MLCybersecurityEnterprise Software

Frequently asked questions

Who runs investment decisions at AFO Capital?

Jennifer Dempsey serves as CEO and CIO. Nick Anacreonte acts as partner with prior CEO and CIO responsibilities.

Where does the underlying wealth come from?

The Andrews family wealth originated from TTI, Inc., an operating business divested prior to the 2007 founding of AFO Capital.

Does AFO Capital participate in fund commitments or only direct deals?

The firm uses direct co-investments and SPVs alongside alternative VC models.

What investment stages does AFO Capital typically target?

Activity covers early stage, seed, Series A and Series B.

Does AFO Capital maintain philanthropic structures, and how are they separated?

The Paul E. Andrews Jr. Foundation operates as the family's philanthropic vehicle, coordinated through AFO Capital services.

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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