CFT Capital Partners

CFT Capital Partners is a Los Angeles-based investment platform that serves as the alternative asset manager for the Cherng Family Trust, the family office of Andrew and Peggy Cherng, founders of the global Panda Restaurant Group. Established in 2016, the firm focuses on providing value-added co-investment capital to innovative and industry-leading companies. They partner with financial sponsors, institutional investors, family offices, and management teams, emphasizing proprietary, direct, and aligned investment opportunities.

The firm's investment philosophy centers on creating strong alignment with its partners, engaging in direct and proprietary transactions across various asset classes, including growth equity, private equity, structured equity, and real estate. CFT Capital Partners leverages an extensive network of investment partners, operators, executives, and industry experts to foster long-term value creation. Their investment criteria target profitable companies or those with a clear path to profitability, strong retention, robust unit economics, and revenue visibility within attractive and growing markets.

CFT Capital Partners manages over $3 billion in assets under management. The firm recently closed its second co-investment fund, CFT Capital Partners Fund II, L.P., with approximately $785 million in capital commitments in August 2024. Their portfolio spans core sectors such as Consumer, Software & Technology, Healthcare, Industrials, and Business Services. Notable investments include companies like Home Chef, Epic Games, Saber Interactive, and Aviation Institute of Maintenance.

The team at CFT Capital Partners is led by Founding Partner Carey Kim and Managing Partner Warren Woo, alongside a group of experienced professionals including Principals, Vice Presidents, Associates, and Analysts. The firm's structure and backing by the Cherng Family Trust provide patient capital and a flexible approach to complex investment situations, enabling tailored capital solutions and strategic relationships across diverse industries.