Frind Properties
Frind Properties is a Vancouver-based single-family office founded in 2016 by Markus Frind, managing a billion-dollar diversified portfolio across real estate, infrastructure, venture capital, private equity, alternative investments, and debt, plus operating subsidiaries Cymax and Frind Estate Winery.
- Company typePrivate
- Founded2016
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Frind Properties does
Frind Properties is a Vancouver-based single-family office founded in 2016 by Markus Frind following the 2015 sale of his dating platform PlentyOfFish Media to Match.com. The firm was established to preserve and deploy the Frind family's wealth across generations and currently manages a diversified billion-dollar portfolio spanning six core verticals: real estate (commercial, residential, industrial, value-add/opportunistic, repositioning, and greenfield development), infrastructure (energy/power and P3 projects), venture capital (revenue-generating SaaS businesses), private equity (North American lower middle market MBO/LBO targets with $10M-$30M enterprise values and 4-6x EBITDA acquisition multiples), alternative investments (litigation finance and blockchain), and special situations debt.
The firm operates with a lean core investment team consisting of Markus Frind as President and owner and Jose Andino as Director of Real Estate & Alternative Investments, leveraging co-investment partnerships to access opportunities larger than direct solo execution would permit. Beyond passive capital allocation, Frind retains two operating subsidiaries, Cymax (an e-commerce platform for furniture and home goods) and Frind Estate Winery (a winery operation), providing direct operating exposure in retail and agriculture. The entity is privately held under Frind Properties Ltd., domiciled in British Columbia, Canada, with no external institutional investors and no publicly disclosed financial performance.
Revenue mechanics differ fundamentally from a typical operating company: economic outcomes are driven by portfolio mark-to-market, realized investment gains, co-investment economics, and subsidiary operating performance rather than third-party customer revenue. The go-to-market is relationship-driven and proprietary, with no public marketing or external capital-raising activity.
Frind Properties firmographics
Firmographics- Name
- Frind Properties
- Legal name
- Frind Properties Ltd.
- Website
- https://frindproperties.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Frind Properties is a Vancouver-based single-family office founded in 2016 by Markus Frind, managing a billion-dollar diversified portfolio across real estate, infrastructure, venture capital, private equity, alternative investments, and debt, plus operating subsidiaries Cymax and Frind Estate Winery.
- Ownership category
- akta.pro rank
Frind Properties industry classification
Industry- Product category
- Family Office Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)
- akta.pro secondary industry
- Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)
Keywords
Where Frind Properties is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Frind Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Revenue model
- Real Estate: Income and development returns from commercial, residential, and industrial real estate assets including value-add, opportunistic, repositioning, and greenfield development.
- Infrastructure: Returns from energy/power and economic infrastructure investments including P3 projects.
- Venture Capital: Portfolio investments in revenue-generating SaaS businesses, focused on team and execution with tax credit attributes.
- Private Equity: MBO and LBO investments in North American lower middle market companies with acquisition targets of 4-6x EBITDA and enterprise values of $10m-$30m per investee company.
- Alternative Investments: Assets and funds generating uncorrelated market returns including litigation finance and blockchain investments.
- Debt: Special situations and credit investments with strong collateral coverage.
Go-to-market motion1 record
Marketing channels1 record
Frind Properties product offering
Product offeringCore offering
Frind Properties is a single-family office that manages a billion-dollar diversified investment portfolio on behalf of the Frind family. It deploys capital across six verticals — Real Estate, Infrastructure, Venture Capital, Private Equity, Alternative Investments, and Debt — primarily through direct investments and co-investments in North American lower middle market opportunities, and also holds two subsidiary operating companies (Cymax e-commerce and Frind Estate Winery).
Product overview
Frind Properties is a Family Office investment company offering a diversified portfolio of investment products across six main verticals: Real Estate (commercial, residential, industrial, value-add/opportunistic, and development), Infrastructure (energy and economic infrastructure/P3s), Venture Capital (focused on revenue-generating SaaS businesses), Private Equity (targeting North American lower middle market with $10m-$30m enterprise value targets), Alternative Investments (litigation finance, blockchain), and Debt (special situations and credit). The company also holds two subsidiary operating companies: Cymax (e-commerce) and Frind Estate Winery.
Differentiator
Problem solved
Functional benefit
Products and services
- Cymax
- Frind Estate Winery
Companies that use Frind Properties
Customer profileSegments2 records
Frind Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Frind Properties partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- CymaxminorSubsidiary company of Frind Properties. Cymax is an e-commerce platform for furniture and home goods.
- Frind Estate WineryminorSubsidiary company of Frind Properties. A winery operation within the family's investment portfolio.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Frind Properties competitors and assessment
Company assessmentDirect peers
- Northleaf Capital Partners: Toronto-based private markets investment firm with PE, private credit, and infrastructure strategies — direct Canadian peer combining PE underwriting with credit and infrastructure, mirroring Frind's allocation shape.
- Onex Corporation: Toronto-based alternative asset manager running PE strategies in North American and European mid-market companies — directly comparable as a Canadian alternative asset manager with PE, credit, and capital-markets investing.
- Apax Partners: Global private equity firm focused on middle-market buyouts and growth equity across sectors — closely comparable to Frind's North-American lower-middle-market PE allocation criteria.
- Rockpoint Group: Global real estate private equity firm focused on value-add, opportunistic, and repositioning opportunities — directly comparable to Frind's stated value-add / opportunistic / repositioning real-estate strategy.
Broad incumbents
- Bain Capital: Global private investment firm with multi-asset strategies including private equity, real estate, credit, and venture capital — analogous diversified direct-investing platform to Frind's six verticals.
- Carlyle Group: Global investment firm with PE, real assets, credit, and global credit strategies — comparable diversified multi-strategy alternatives approach to Frind's six-vertical model.
- KKR & Co. Inc. Global alternative asset manager running PE, real estate, infrastructure, and credit strategies; comparable diversified 'multi-strategy alternatives' positioning to Frind's portfolio, although institutionally funded and far larger.
- Blackstone Inc. Largest global alternative asset manager with flagship real estate, PE, and credit businesses. Its multi-asset alternative-investor model and lower-middle-market positioning overlap with Frind's stated direct-investing approach.
- Brookfield Asset Management: Toronto-based global alternative asset manager with operating histories across real estate, infrastructure, private equity, and credit — directly mirrors Frind's six-asset-class diversification model, although at vastly larger AUM.
- TPG Inc. Large alternative asset manager operating diversified PE, real estate, and growth strategies; relevant peer for its multi-strategy approach to deploying patient capital across asset classes.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Frind Properties social profiles
Digital presenceFrind Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Frind Properties leadership team
Management profileNumber of profiles
Profiles2 records
Frind Properties subsidiaries and ownership
Company hierarchySubsidiaries2 records
Frind Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Frind Properties M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Frind Properties
What does Frind Properties do?
Frind Properties is a single-family office that manages a billion-dollar diversified investment portfolio on behalf of the Frind family. It deploys capital across six verticals — Real Estate, Infrastructure, Venture Capital, Private Equity, Alternative Investments, and Debt — primarily through direct investments and co-investments in North American lower middle market opportunities, and also holds two subsidiary operating companies (Cymax e-commerce and Frind Estate Winery).
Is Frind Properties a public or private company?
Frind Properties is a private company. It is classified as family owned and is currently operating.
When was Frind Properties founded?
Frind Properties was founded in 2016. It employs 11 to 50 people.
Where is Frind Properties based?
Frind Properties is headquartered in Vancouver, Canada, in the North America region.
How does Frind Properties make money?
Six revenue lines are on record. Real Estate is the primary driver. The others are infrastructure, venture Capital, private Equity, alternative Investments and debt.
Who are Frind Properties's main competitors?
Direct peers on record are Northleaf Capital Partners, Onex Corporation, Apax Partners and Rockpoint Group. Broad incumbents are Bain Capital, Carlyle Group, KKR & Co. Inc., Blackstone Inc., Brookfield Asset Management and TPG Inc..
Does Frind Properties have an API?
No public API is recorded for Frind Properties.
What industry is Frind Properties in?
Frind Properties's product category is Family Office Investment Management. Its primary akta.pro industry code is FSAAADAH, Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest), with a secondary code of FSAAACAH, Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite). Its NAICS code is 523940 and its SIC code is 6282.