Avex

Avex

Alec Gores founded Avex after a 35-year career acquiring and turning around technology and industrial businesses through The Gores Group, the private equity firm he launched in 1987. The office manages wealth generated primarily from the firm's exit of Stock Building Supply in 2016 and earlier buyout gains. Avex reflects the family's transition from institutional fund management to a permanent capital structure, freeing the investment team from traditional fund-return timelines. Avex deploys capital across private equity, real estate, and entertainment — frequently targeting corporate carve-outs, distressed assets, and special situations where the Gores operational playbook applies. The office has backed companies in enterprise software, industrial technology, and consumer sectors, often co-investing alongside institutional sponsors on larger transactions. While the portfolio is private, public records tie Avex to residential and commercial real estate holdings in Southern California and select entertainment ventures. The investment team operates from Los Angeles, drawing on Alec Gores's network from decades of buyout activity. The office's lean structure is typical of single-family offices anchored by a founder-operator. Known adjacent entities include the Gores family's philanthropic work through the Gores Foundation, which supports education and youth-focused initiatives in Los Angeles. In recent filings, the office has also been linked to several SPAC vehicles sponsored by the Gores family, including Gores Holdings VIII. Avex's structural differentiator is the direct line from Alec Gores's operational turnaround expertise to the family office's investment decisions — a rare configuration where a billionaire private equity founder actively runs his family office as a principal investor, not through a delegation model. The office is not seeking outside capital and does not operate as a multi-family office, preserving complete alignment with a single-family mandate.