ILA Capital

Founder and Managing Partner David Soh leads the investment strategy at ILA Capital. The firm also includes a team of partners who oversee specific verticals such as real estate and private credit. Decision-making is centralized at the managing partner level, aligning with its multi-family office structure.

ILA Capital sources deals through direct relationships with operators, entrepreneurs, and select GPs, bypassing intermediary funds. The firm's network of wealthy families provides introductions to private investment opportunities. It also cultivates repeat co-investment partnerships with institutional investors.

ILA Capital operates as a multi-family office, serving multiple wealthy families alongside institutional capital. This hybrid structure allows it to aggregate capital from a wider base for larger direct deals than a typical single-family office. The founding families retain influence over investment strategy.

ILA Capital primarily targets direct investments and co-investments, acting as a principal rather than allocating to third-party funds. However, it may commit to select GP-led funds when they align with its focus areas like real estate or private credit. The firm avoids retail fund structures.

ILA Capital invests across the capital structure, from early-stage venture capital (in technology and healthcare) to growth equity and opportunistic real estate. In private credit, it focuses on direct lending to mid-market companies. Stage varies by asset class and deal-specific criteria.

ILA Capital generally avoids volatile sectors such as cryptocurrency, early-stage biotech without clear regulatory paths, and speculative energy exploration. Its focus remains on tangible assets (real estate), income-producing credit, and scalable technology. The exact filters are not publicly detailed.

The underlying wealth originates from the founding families' business success and accumulated capital, supplemented by external institutional investors and family offices that co-invest. The firm does not disclose specific family names or industry origins publicly. Wealth origin is multi-generational for the core families.