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LemVega Capital
LemVega Capital was established in 2021 by Caroline Farah Lembck, who serves as the firm's founder and CEO. Lembck also maintains membership in the Forbes...
LemVega Capital
LemVega Capital was established in 2021 by Caroline Farah Lembck, who serves as the firm's founder and CEO. Lembck also maintains membership in the Forbes Finance Council and the Young Entrepreneur Council, placing her within invitation-only peer networks of high-performing founders and financial executives. The firm operates from San Juan, Puerto Rico, at 450 Avenida de La Constitucion, and serves ultra-high-net-worth individuals and institutional clients through a broadly diversified investment mandate. The firm's strategy spans venture capital across multiple stages, with a particular focus on enterprise software, digital health, and fintech. A dedicated Biotech Venture Fund sits within the platform, overseen by Venture Partner Dr. Crean. Beyond direct venture exposure, LemVega manages a mixed-use premium real estate portfolio concentrated in Puerto Rico and the mainland United States, alongside a clean energy strategy with global reach. Chris Conant, formerly CEO of Peak Capital, joined as Managing Partner and Chief Growth Officer, bringing operating experience to the platform. Michael Mazzeo serves on the board. The firm does not publicly disclose assets under management or total deployment figures. LemVega's structure blurs the line between a registered investment advisor and a single-family-influenced holding company. The combination of venture funds, real property, collectibles, and a clean energy strategy under one roof is unusual among San Juan-based managers, and the simultaneous operation of The Lembck Foundation—a separate philanthropic entity—reflects a governance architecture that originated with the founder's personal balance sheet before expanding to external clients.
General information
Firm type
Generalist
Year founded
2021
Location
Region
North America
Country
Puerto Rico
City
San Juan
Corporate office
450 Avenida de La Constitucion, San Juan, PR 00901
Principals
Caroline Farah Lembck
Founder and CEO
Chris Conant
Managing Partner & Chief Growth Officer
Michael Mazzeo
Board Member
Dr. Crean
Venture Partner, Biotech Venture Fund
Sector focus
Frequently asked questions
Who runs investment decisions at LemVega Capital?
Founder and CEO Caroline Farah Lembck leads the firm's investment strategy. She is supported by Managing Partner Chris Conant, who oversees growth initiatives and previously led Peak Capital as CEO, and by Venture Partner Dr. Crean, who directs the firm's biotech venture fund. The firm has not publicly detailed a separate investment committee structure.
Which sectors does LemVega Capital explicitly avoid?
LemVega has not published an explicit exclusion list. Its tagged sectors—enterprise software, digital health, fintech, and clean energy—suggest an affinity for technology-enabled themes, while the luxury asset holdings (fine art, wine, yacht access) indicate a parallel focus on hard assets and lifestyle investments that most conventional venture managers do not carry.
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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