CFT Capital Management has held a final close for its second co-investment fund, CFT Capital Partners Fund II, with approximately $781.2 million in capital commitments.
Fund II is anchored by the Cherng Family Trust, the family office of Andrew and Peggy Cherng, who are the founders of Panda Restaurant Group.
CFT Capital is a Los Angeles–based investment platform that seeks to be a value-added investment partner by providing flexible co-investment capital, creative structures, institutional underwriting and strategic relationships to innovative and industry-leading companies alongside financial sponsors, institutional investors, family offices and management teams. CFT Capital is focused on creating strong alignment with its investment partners, investing in direct and proprietary transactions including growth equity, private equity, structured equity and real estate.
CFT Capital is led by Warren Woo and Carey Kim, founding partners, who have been managing the