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MMK Capital
Mahdi Mattar's MMK Capital operates from Dubai, blending direct US real estate with anchor LP commitments to venture funds.
MMK Capital
MMK Capital is a Dubai-based firm that selects off-market deals and partners with international companies. It offers alternative investment strategies. The firm has made one investment, in TWIG, a Pre-Seed investment made on May 10, 2023.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Middle East
Country
United Arab Emirates
City
Dubai
Corporate office
Dubai, United Arab Emirates
Additional offices
Los Angeles, California, United States
Principals
Mahdi Mattar
Founder
Igor Basko
Partner
Nathan Jensen
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at MMK Capital?
Founder Mahdi Mattar leads the firm from Dubai, supported by partners Igor Basko in the Middle East and Nathan Jensen in the United States. Investment decisions appear to flow through this central partnership structure, with the US entity, MMK Capital Group LLC, handling domestic real estate and venture activities.
How does MMK Capital source its venture deal flow?
The firm sources venture exposure primarily through anchor LP commitments, including to BY Venture Partners' BY Fund II, rather than leading rounds directly. Co-investments, such as the one executed alongside Soul Ventures in TWIG Finance, supplement the fund commitment strategy, giving the firm direct exposure to specific portfolio companies.
Is MMK Capital a single family office or an asset manager?
While classified as an asset manager, MMK Capital operates with the characteristics of a single family office structure, managing proprietary capital under founder Mahdi Mattar. The firm does not publicly market pooled funds to outside investors, and its direct ownership of a multifamily real estate portfolio in Los Angeles points to principal capital deployment rather than third-party LP management.
What does the real estate portfolio consist of?
MMK Capital directly owns a Los Angeles multifamily portfolio spanning five properties, including addresses on Russell Avenue, 8th Street, Beverly Drive, San Marino Street, and Rampart Boulevard. The firm also holds residential properties in Richmond, Virginia, with recent acquisitions on Hunt Avenue and North 37th Street. This direct-ownership model indicates a hands-on asset management approach rather than passive REIT exposure.
Does MMK Capital maintain any non-financial asset positions?
Yes. The firm holds an in-house art advisory collection based in Dubai and maintains a precious metals hedge. These positions serve as non-correlated stores of value within a portfolio that otherwise concentrates on venture capital and income-producing real estate.
What investment stages does MMK Capital typically target?
The firm invests across multiple stages. In venture, its LP commitments to BY Fund II and direct co-investments in companies like TWIG Finance point to early-stage and growth-stage technology exposure. Its buyout and restructuring mandates target mature, cash-flowing assets, while the real estate strategy focuses on stabilized multifamily and residential properties in US gateway cities.
How is the US operation structured relative to the Dubai headquarters?
Nathan Jensen runs MMK Capital Group LLC as a separate legal entity in the United States, handling domestic real estate acquisitions and venture activities. This dual-jurisdiction structure allows the firm to maintain proximity to both US deal flow and Middle Eastern capital, a common architecture for family offices bridging the two regions.
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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