# Arboretum Capital

Arboretum Capital is a Single Family Office based in Austin, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Austin, United States
- **Region:** North America
- **Address:** Austin, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** arboretumvc.com
- **LinkedIn:** https://www.linkedin.com/company/arboretum-ventures

## Regulatory record

- **Reports private funds:** No

## About

Arboretum Capital operates as a single family office headquartered in Austin. Stephen Kahng and family members including Michelle Kahng, Jennifer Kahng and Michael Kahng appear in related foundation filings. The firm allocates across direct co-investments, SPVs and real estate. Confirmed holdings include the Atherton Estate in California, a St. Regis San Francisco penthouse, a Kapalua residence on Maui and a Pebble Beach residence. Geographic focus remains North America. Stephen Kahng maintains board roles at the Kahng Foundation, The Asia Foundation, the San Francisco Opera, the Hoover Institution and multiple other nonprofits. No operational events from the last 24 months appear in available records. The office structure centers on family principals and foundation vehicles rather than external fund commitments or broad LP networks.

## Sectors

- Real Estate

## People

- Stephen Kahng — Principal
- Michelle Kahng — Co-founder and officer of the Kahng Foundation
- Jennifer Kahng — Director/officer of the Kahng Foundation
- Michael Kahng — Director/officer of the Kahng Foundation

## Questions

### Who runs investment decisions at Arboretum Capital?

Stephen Kahng serves as the primary principal. Family members Michelle Kahng, Jennifer Kahng and Michael Kahng hold officer or director roles at the related Kahng Foundation.

### What investment types does Arboretum Capital use?

The firm uses direct co-investments and SPVs along with real estate holdings. No fund commitments or fund-of-funds activity is recorded.

### Where does Arboretum Capital maintain real estate assets?

Holdings include the Atherton Estate in California, a St. Regis San Francisco penthouse, a Kapalua residence on Maui and a Pebble Beach residence.

### How is Arboretum Capital connected to nonprofit boards?

Stephen Kahng serves on boards including the Kahng Foundation, The Asia Foundation, San Francisco Opera, Hoover Institution at Stanford and the George W. Bush Presidential Center.

## Related profiles

- [Arbitral Finance](https://altss.com/profile/arbitral-finance)
- [Arboretum Consulting](https://altss.com/profile/arboretum-consulting)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/arboretum-capital-llc

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