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Island Capital
Island Investment Management is an SEC-registered investment adviser in New York, NY, registered since 2020. The firm manages $1.7 billion in assets.
Island Capital
Island Investment Management is an SEC-registered investment adviser in New York, NY, registered since 2020. The firm manages $1.7 billion in assets. It has 80 employees and 30 investment advisers.
General information
Firm type
Private Equity
Year founded
2003
AUM
$4.2B (per the firm)
Location
Region
North America
Country
United States
City
New York
Corporate office
717 Fifth Avenue, New York, NY 10022, United States
Additional offices
Irving, TX · Greenville, SC · Nashville, TN
Principals
Andrew Farkas
Chairman & CEO
Paul Hughson
Executive Managing Director & Chief Investment Officer
Jeffrey Cohen
President
Geoffrey H. Woodward
Executive Managing Director & Chief Operating Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Island Investment Management?
Paul Hughson serves as Executive Managing Director and Chief Investment Officer, and leads acquisitions alongside a senior team that includes Jon Schneidman, Head of Acquisitions. Andrew Farkas, as Chairman and CEO, retains ultimate strategic authority over large commitments and fund-level allocation decisions.
How does Island source its proprietary deal flow?
Island sources deal flow through its affiliated special servicing business, C-III Capital Partners, which resolves defaulted commercial real estate loans. This integration gives the firm early visibility into distressed note sales and borrower negotiations, often before assets reach a broad marketing process.
What does Island's fund structure look like?
Island raises discretionary closed-end funds under its Recovery Fund series, such as Island NYC Recovery Fund I and Island Recovery Fund IV, targeting hospitality, multifamily, and office dislocations. The firm also manages separate investment vehicles across its broader Island Capital Group platform.
What investment stages does Island typically target?
Island targets distressed and special situations commercial real estate, acquiring both performing and non-performing loan portfolios as well as direct property acquisitions in need of operational turnaround or capital restructuring. The firm does not invest in ground-up development as a primary strategy.
How is Island Investment Management related to NAI Global?
NAI Global is a commercial real estate services and brokerage network owned by Island Capital Group. Alexander Waddey serves as its President and CEO, operating the business as a distinct adjacency to Island’s principal investment platform.
What is Island's known posture on co-investments?
The firm’s public materials do not specify a formal co-investment program. Available data indicates that Island invests primarily through its commingled funds and managed vehicles.
Where does the underlying wealth come from?
Island does not disclose a family wealth origin. The firm operates as an institutional asset manager with capital raised from third-party investors across its commingled real estate funds.
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