# Flow Capital

Flow Capital is a Multi Family Office based in Toronto, Canada.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** Toronto, Canada
- **Founded:** 1993
- **Assets under management:** Undisclosed
- **Website:** flowcap.com
- **LinkedIn:** https://ca.linkedin.com/company/flowcapital

## Regulatory record

- **Reports private funds:** No

## About

Flow Capital was established in 1993 by Sam Lau. Adrian Cheng joined as co-founder before exiting in 2025. The firm operates from Toronto with a focus on families in Asia and provides investment management alongside wealth planning services. Flow Capital deploys across private credit, alternative venture models, and real estate. It targets growth, Series A, Series B, and Series C stages. Confirmed positions include a HKD 900 million facility to Country Garden Holdings in 2024 and holdings in Vauxhall Square, Allegro in Kowloon City, and three Osaka hotel properties. Geographic reach covers Europe and North America through direct and partnership channels. The firm also maintains the Asia Credit Master Fund based in Hong Kong. The team size remains undisclosed. Additional offices are not listed. Adjacent vehicles include the Asia Credit Master Fund. In 2024 Flow Capital formed a strategic partnership with Tikehau Capital for co-investment opportunities. A second partnership with IMM Investment targets real estate in South Korea. Gary Kwok participated in the founding alongside Lau and Cheng. Flow Capital holds an SFC license that permits Type 1, Type 4, and Type 9 regulated activities. This regulatory posture supports direct securities dealing, advisory, and asset management mandates within a single licensed entity.

## Sectors

- AgriTech & FoodTech
- FinTech
- InsurTech
- PropTech
- ClimateTech
- GovTech
- Sports & Wellness
- Media & Entertainment
- Data Analytics
- Digital Health
- Cannabis & Psychedelics
- Energy Transition & Renewables
- Healthcare Services

## People

- Sam Lau — Founder and Chairman
- Adrian Cheng — Co-founder

## Questions

### Who runs investment decisions at Flow Capital?

Sam Lau serves as Founder and Chairman. Adrian Cheng participated as co-founder until his exit in 2025. Gary Kwok joined the founding group through Axe Management Partners.

### How does Flow Capital source proprietary deal flow?

The firm maintains strategic partnerships with Tikehau Capital since 2024 and with IMM Investment for South Korea real estate. These relationships provide co-investment access in Asia and Europe.

### Is Flow Capital structured as a single family office or does it operate more like a venture firm?

The firm is recorded as a multi-family office. It also extends venture debt and revenue-based financing to growth-stage companies in North America and the UK.

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

Flow Capital uses both direct investments and partnership channels. It holds the Asia Credit Master Fund and extends facilities such as the HKD 900 million credit line to Country Garden Holdings.

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

The firm targets growth equity along with Series A, Series B, and Series C rounds. It also deploys through private credit and real estate vehicles.

### Where does the underlying wealth come from?

Wealth origin is not publicly disclosed. The firm serves families across Asia through tailored advisory and investment solutions.

### What is Flow Capital's known posture on co-investments alongside external GPs?

The firm established a 2024 partnership with Tikehau Capital specifically for co-investment opportunities in Asia and Europe.

## Related profiles

- [Florian & Partners](https://altss.com/profile/florian-partners)
- [Flowerdale Group](https://altss.com/profile/flowerdale-group)

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

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