# Avenir Corporation

Avenir Corporation is a Multi Family Office based in Alexandria, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Alexandria, United States
- **Region:** North America
- **Address:** 277 South Washington Street, Suite 350, Alexandria, VA 22314, United States
- **Founded:** 1980
- **Assets under management:** Over $1 billion (per firm website)
- **Website:** avenircorp.com
- **LinkedIn:** https://www.linkedin.com/company/avenir-corporation/

## Regulatory record

- **CRD number:** 110545
- **SEC file number:** 801-32509
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-31T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/110545

## About

Avenir Corporation was founded in 1980 by Charles G. Mackall Jr. after seventeen years at NS&T Bank. Mackall initially ran the firm as a single-family office before accepting external accounts. The firm pursues concentrated equity portfolios using bottom-up analysis of long-term free cash flows. It holds positions across North America, Europe, and Asia. Investment types include direct co-investments, hedge fund allocations, and real estate. Confirmed holdings and strategies reference value-oriented names in enterprise software and healthcare services. Geographic reach extends to Africa and South America through opportunistic mandates. Avenir employs a team of eight professionals in Alexandria. James H. Rooney assumed day-to-day portfolio responsibility in May 2024 after twenty-six years at the firm. Adjacent vehicles include the Avenir Foundation and The Clifton Institute. The firm maintains membership in the CFA Society of Washington, D.C. Avenir operates with a hybrid structure that combines single-family discipline with multi-client separate accounts. This setup allows concentrated positions without external fund-raising cycles. Governance remains anchored by Mackall as chairman and Rooney as principal manager.

## Sectors

- FinTech
- Healthcare Services
- Real Estate
- AgriTech & FoodTech
- PropTech
- Enterprise Software

## People

- Charles G. Mackall Jr. — Founder and Chairman
- James H. Rooney — CEO and Principal Manager
- James S. Emanuelson — Managing Director

## Questions

### How does Avenir source proprietary deal flow?

The firm generates ideas through internal research focused on discount-to-intrinsic-value equities. Team members review public filings and industry data without reliance on external brokers for primary sourcing.

### Does Avenir participate in fund commitments or only direct deals?

The firm uses both direct co-investments and allocations to hedge funds. It also holds real estate and philanthropic vehicles alongside equity portfolios.

### What investment stages does Avenir typically target?

Avenir focuses on public equities and later-stage private holdings. Its listed stages include Seed through Series G, though the core book remains concentrated public-market positions.

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Last updated: 2026-08-10T15:58:45.833Z

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