# CFT Capital Partners

CFT Capital Partners is a Multi Family Office based in Los Angeles, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 2016
- **Assets under management:** 3.4B (Altss estimate)
- **Website:** cftcapitalpartners.com
- **LinkedIn:** https://www.linkedin.com/company/cft-capital-partners

## Regulatory record

- **CRD number:** 319348
- **SEC file number:** 801-124933
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-08T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/319348

## About

CFT Capital Management was established in 2016. Its primary mandate centers on the Cherng Family Trust created by Andrew and Peggy Cherng, co-founders of Panda Restaurant Group. Victor Cherng and other family members hold trustee and investment roles. The firm commits to growth equity, private equity and real estate. It structures participation through direct co-investments and SPVs rather than broad fund commitments. Confirmed holdings include The Cosmopolitan of Las Vegas. Geographic reach stays within North America, with additional positions in commodity exposure and a hedge fund portfolio. Sector exposure includes Healthcare Services, Industrial Tech, PropTech, AgriTech & FoodTech and EdTech. Team size remains undisclosed. The firm maintains no additional offices beyond Los Angeles. Adjacent vehicles include the Panda Cares Foundation and Panda Charitable Foundation. Peggy Cherng has served on the Federal Reserve Bank of San Francisco Los Angeles Branch board and the Caltech Board of Trustees. No operational events from the last 24 months appear in available records. The structure ties investment decisions directly to the Cherng Family Trust governance. Family members Nicole Cherng and Andrea Cherng hold investment manager and brand roles that intersect with capital allocation. This creates a closed loop between operating company cash flows from Panda Restaurant Group and the deployment vehicles managed by CFT.

## Sectors

- Consumer
- Software & Technology
- Healthcare
- Industrials

## People

- Warren Woo — Founding Partner and CIO
- Carey Kim — Founding Partner and Managing Director

## Questions

### Who runs investment decisions at CFT Capital Management?

Warren Woo serves as Founding Partner and CIO. Carey Kim serves as Founding Partner and Managing Director. Both roles trace to the 2016 founding.

### How does CFT Capital Management source proprietary deal flow?

The firm partners with sponsors on direct growth and structured investments. Relationships originate from principals' prior private equity work.

### Does CFT Capital Management participate in fund commitments or only direct deals?

Activity centers on direct co-investments, SPVs, private equity and real estate. No fund-of-funds commitments are disclosed.

### What investment stages does CFT Capital Management typically target?

The firm targets growth equity and private equity stages. Real estate acquisitions supplement the equity book.

## Related profiles

- [Fimalac Group](https://altss.com/profile/fimalac-group-marc-ladreit-de-lacharri-re-family-office)
- [Wah Hin & Co. Family Office](https://altss.com/profile/wah-hin-co-family-office-lien-family-office)

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Last updated: 2026-07-08T17:40:50.516Z

Canonical page: https://altss.com/profile/cft-capital-management

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