# Elmwood Capital

Elmwood Capital is a Single Family Office based in Kuala Lumpur, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Kuala Lumpur, United States
- **Region:** North America
- **Address:** New York, United States
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** elmwood-cap.com
- **LinkedIn:** https://www.linkedin.com/company/elmwood-capital

## Regulatory record

- **Reports private funds:** No

## About

Elmwood Capital was established as a single family office by Eric Munson and James Carter. The firm maintains an internal team that includes portfolio manager Rick Serafini. Its holdings include multiple government-leased facilities and industrial sites. The office deploys capital into private equity, real estate, and early-stage companies. Confirmed holdings span buyout transactions and seed investments. Geographic exposure covers North America and Asia. Asset classes include AgriTech & FoodTech, PropTech, Industrial Tech, and GovTech. Team size and total deployment figures are not publicly stated. The firm operates the Elmwood Capital Foundation as a separate philanthropic vehicle. No operational events from the last 24 months appear in available records. The office structure keeps investment decisions inside the family principal group rather than through external managers or large committees.

## Sectors

- AgriTech & FoodTech
- PropTech
- Industrial Tech
- GovTech

## People

- Eric Munson — Founder and Chief Investment Officer
- James Carter — Founder and Managing Partner
- Rick Serafini — Principal and Portfolio Manager

## Questions

### Who runs investment decisions at Elmwood Capital?

Eric Munson serves as Founder and Chief Investment Officer. James Carter acts as Founder and Managing Partner. Rick Serafini manages the long/short equity allocation as Principal and Portfolio Manager.

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

The firm executes both direct investments and fund allocations. Its real estate holdings consist of owned properties rather than fund interests.

### What investment stages does Elmwood Capital typically target?

The office pursues buyout transactions and seed-stage opportunities. No later-stage venture or growth equity focus is recorded.

### Where does the underlying wealth come from?

Wealth origin is not publicly disclosed beyond attribution to the founding principals.

### Does Elmwood Capital maintain philanthropic structures?

The firm operates the Elmwood Capital Foundation as a distinct philanthropic entity.

## Related profiles

- [EHM Strategic Asset Management](https://altss.com/profile/ehm-strategic-asset-management)
- [Emirates Investment Corporation](https://altss.com/profile/emirates-investment-corporation)

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Last updated: 2026-07-08T21:14:27.245Z

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