# Beninvest Family Office Beninvest Family Office is a Single Family Office based in New York, United States. ## Overview - **Organization type:** Single Family Office - **Headquarters:** New York, United States - **Region:** North America - **Address:** New York, NY, United States - **Founded:** 1992 - **Assets under management:** $200M - $500M (Altss estimate) - **Website:** beninvest.com - **LinkedIn:** https://www.linkedin.com/company/beninvest-%26-associates-llc/ ## Regulatory record - **Reports private funds:** No ## About Beninvest Family Office was founded in 1992 by Benoit J.P. Flammang, an entrepreneur who accumulated wealth by restructuring telecom assets, selling a wristwatch publishing business, and advising organizations such as the Hinduja Group on establishing their New York merchant bank. His wife, Janine Lederman-Flammang, a third-generation private jeweler, is also affiliated with the office. The wealth base supports an investment operation that reports no reliance on public-market benchmarks. The office allocates exclusively to alternative investments, with a stated focus on liquid, market-neutral strategies that incorporate AI and large quantum models. Confirmed investment types include private equity, direct co-investments and SPVs, hedge funds, digital assets, real estate, natural resources, and secondaries. The portfolio spans buyout, growth, and venture stages from seed to Series C. Geographic exposure reaches Africa, North America, and Europe. Flammang has partnered with Bruno Scarselli on the DiamHolding project, an initiative to tokenize diamonds via blockchain, and holds a director role at TSI Securities for international business development. Sectors of interest range from FinTech, Digital Health, and AI/ML to WaterTech, GovTech, and ClimateTech. The office explicitly avoids distressed turnarounds, activist positions, private credit, and insurance-linked strategies. Total deployment is not disclosed; Altss research estimates the current mandate at $200M–$500M. The core team is described as a mix of investment bankers, technology experts, and international business owners. Beyond the main portfolio, Beninvest maintains a general real estate portfolio across the US and international markets, a collection of luxury wristwatches, and diamond and jewelry holdings. Flammang serves as an Ambassador for the Global Blockchain Business Council, President of the France Bangladesh Chamber of Commerce and Industry, and Chairman of both the Bangladesh Myanmar Business Promotion Council and the Bangladesh Shrimp and Fish Foundation. In late 2024, demand for the office's custom AI Agent service prompted Flammang to launch it as a standalone offering for incubators, universities, and VC-PE associations. The office's architecture blurs the line between a traditional SFO and an operating business. Flammang runs international business development for TSI Securities, advises governments and corporations on African expansion, and codes complex AI agents in-house. This hybrid structure means the investment team evaluates managers while simultaneously building the digital infrastructure their portfolio companies may eventually use — a dual mandate that gives Beninvest an operating view of the technologies it funds. ## Sectors - Healthcare Services - FinTech - Luxury - Digital Health - Energy Transition & Renewables - AgriTech & FoodTech - ClimateTech - Data Analytics - Industrial Tech - PropTech - Supply Chain & Logistics - Circular Economy - WaterTech - EdTech - GovTech - LegalTech ## People - Benoit J.P. Flammang — Founder - Janine Lederman-Flammang — Spouse ## Questions ### Who runs investment decisions at Beninvest Family Office? Benoit J.P. Flammang, the founder, directs all investment decisions alongside a team of investment bankers and technology specialists. His wife Janine Lederman-Flammang, a private jeweler, is also affiliated with the office. The firm's website emphasizes that the team comprises long-time successful investors and international business owners. ### How does Beninvest source its proprietary deal flow? Flammang leverages a decades-old personal network that includes the Hinduja Group, the Antwerp Diamond Bank, and blockchain circles via his role as an Ambassador for the Global Blockchain Business Council. The office also runs an international business development practice focused on Africa, which surfaces direct corporate and government-level opportunities. Additionally, Flammang's chairmanship of several Bangladesh-focused chambers and foundations provides ground-level access to emerging-market ventures. ### Is Beninvest structured as a single family office or does it operate more like a venture firm? It is a single family office at its core, managing the Flammang family's wealth through market-neutral liquid strategies, private equity, and direct co-investments. However, it also operates a parallel international business development arm that builds AI agents and tokenizes real-world assets — generating fee income and deal flow that feed back into the family's principal investments. ### How is the wealth of Benoit J.P. Flammang separated from his advisory and board roles? The firm operates under a single entity, Beninvest & Associates LLC, but conceptually separates the family office function from international business development, where Flammang negotiates government and corporate deals, often in Africa, and develops AI tools. The family office exclusively pursues uncorrelated alternative investments, while the business development side generates its own revenue streams through advisory and technology services. ### Which sectors does Beninvest explicitly avoid? The office has confirmed it does not invest in distressed and turnaround situations, activist or hostile positions, cannabis and psychedelics, carbon and environmental assets, commodities, insurance-linked or re-risk strategies, intellectual property and royalties, litigation finance, private credit, or sports and esports franchises. This negative list is unusually long for a family office and underscores a deliberate avoidance of heavily contested or regulated niches. ## Related profiles - [Ahmad Hamad Algosaibi & Brothers Company](https://altss.com/profile/ahmad-hamad-algosaibi-and-brothers-company) - [Gütermann Family Office](https://altss.com/profile/gutermann-family-office) --- Last updated: 2026-07-06T00:31:25.621Z Canonical page: https://altss.com/profile/beninvest-family-office-benoit-jp-flammang-family-office Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology