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Flacks Group
Michael Flacks has self-funded distressed turnarounds since 1983, building a $7B+ global portfolio focused on corporate carve-outs and real estate...
Flacks Group
The largest global investor in special situations, we identify and invest in businesses where a rapid solution is required.
General information
Firm type
Single Family Office
Year founded
1983
AUM
>$7 billion in affiliated asset value (per Flacks Group website)
Location
Region
North America
Country
United States
City
Coral Gables
Corporate office
2 Alhambra Plaza, Suite 1240, Coral Gables, FL 33134, United States
Additional offices
New York, NY, United States · Houston, TX, United States · Tokyo, Japan · Paris, France
Principals
Michael Flacks
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Flacks Group?
Michael Flacks, the founder, leads the firm. He has been directing the group's strategy since 1983 and remains the named principal. The firm emphasizes that its senior leaders include former global chairmen, CEOs, and CFOs, but all major investment decisions flow through its self-funded, founder-led structure.
How does Flacks Group source proprietary deal flow?
The firm relies on a global network of corporate M&A advisers, legal advisors, and assurance professionals to source transactions. Its primary focus is on carve-outs and divestitures from large multinational parent companies where the sale process has become inefficient or stalled — situations where the firm's ability to move quickly with its own capital provides a sourcing advantage over fund managers that require external financing.
Is Flacks Group structured as a single family office or does it operate more like a private equity firm?
Flacks Group describes itself as a private family office that deploys its own capital rather than managing third-party funds. This self-funded structure gives it the flexibility to move rapidly on complex distressed transactions and to hold assets with no predetermined exit timeline — features that distinguish it from a traditional private equity fund.
Does Flacks Group participate in fund commitments or only direct deals?
Flacks Group deploys capital directly into operating companies, real estate assets, and legacy-liability solutions. It does not market itself as a fund-of-funds or as a limited partner in third-party private equity vehicles. The firm's model is built entirely around direct control and operational turnaround of acquired assets.
What investment stages does Flacks Group typically target?
The firm targets distressed, underperforming, or non-core assets rather than traditional growth- or venture-stage investing. Its engagements typically involve mid-to-large-sized businesses requiring operational restructurings, corporate carve-outs with stalled sale processes, real estate with troubled capital structures, and legacy-liability exits that demand long-duration risk absorption.
Which sectors does Flacks Group explicitly avoid?
Flacks Group states it is sector-agnostic and will evaluate any industry where a rapid solution is required. It does not publish a formal exclusion list. The sectors most frequently cited in its own materials include commercial real estate, industrials, mining, oil and gas, and chemicals — but the firm's posture suggests it is open to any complex situation where its capital and operational expertise can unlock value.
Where does Flacks Group's underlying investment capital come from?
All investment capital comes from Michael Flacks — the firm is completely self-funded. This means it does not raise money from outside limited partners, does not face capital-call risk, and is not constrained by fund-life deadlines when executing turnarounds or holding assets through long restructuring cycles.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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