# First Generation Capital

First Generation Capital is a Single Family Office based in San Francisco, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, United States
- **Assets under management:** Undisclosed
- **Website:** firstgenerationcapital.com
- **LinkedIn:** https://www.linkedin.com/company/firstgenerationcapital

## Regulatory record

- **Reports private funds:** No

## About

First Generation Capital operates as a single-family office based in San Francisco. Ian O. Ihnatowycz serves as President and CEO. The firm allocates across private equity, venture capital, and real assets. Investment activity spans direct co-investments, SPVs, fund-of-funds commitments, and secondaries. Asset classes include private credit, hedge funds, and distressed situations. The firm has co-invested in ThoughtExchange alongside HarbourVest Partners, Information Venture Partners, and Yaletown Partners. Geographic reach covers North America and Asia. Sector exposure includes FinTech, ClimateTech, Digital Health, PropTech, and Industrial Tech. Ian O. Ihnatowycz holds board and advisory roles at the Royal Conservatory of Music and Ivey Business School. The firm maintains the Ian Ihnatowycz Family Fund and Ihnatowycz Family Foundation for philanthropic activity. No operational events from the last 24 months appear in available records.

## Sectors

- FinTech
- Digital Health
- ClimateTech
- PropTech
- Industrial Tech
- EdTech
- Healthcare Services

## People

- Ian O. Ihnatowycz — President and CEO

## Questions

### Who runs investment decisions at First Generation Capital?

Ian O. Ihnatowycz serves as President and CEO and directs investment activity.

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

The firm uses both direct co-investments and SPVs as well as fund-of-funds commitments.

### What investment stages does First Generation Capital typically target?

The firm targets growth and startup stages.

### Which regions does First Generation Capital invest in?

The firm maintains exposure in North America and Asia.

### How is First Generation Capital connected to ThoughtExchange?

First Generation Capital co-invested in ThoughtExchange with HarbourVest Partners, Information Venture Partners, Yaletown Partners, Voyager Capital, and InBC Investment Corp.

## Related profiles

- [FirstFive Family Office](https://altss.com/profile/firstfive-family-office)
- [First Haven Capital](https://altss.com/profile/first-haven-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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