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FLAG Capital Management is a global investment management firm specializing in alternative asset portfolios. It focuses on private equity, venture capital, and real assets, employing strategies like primary fund commitments, direct co-investments, and secondary transactions. This integrated approach offers clients broad access to diverse private market opportunities.
Founded in 1994, the firm was established by Diana Frazier and Peter Lawrence. Frazier leveraged her experience from BancBoston Ventures, while Lawrence contributed his expertise from managing private equity for the Marshall Field family office. Their insight was to develop solutions providing institutional investors with access to premier private market fund managers.
The firm serves institutional and private clients seeking specialized alternative investment exposure. FLAG Capital Management's vision involves delivering enduring value through diversified offerings. It strives to provide strategic access and optimized performance by expertly navigating the complex global private markets, continuously adapting to client requirements.
Key people at FLAG Capital Management.
FLAG Capital Management has 2 tracked investments across 2 companies. The latest tracked deal is $6.0M Seed in CustoMED in October 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2025 | CustoMED | $6.0M Seed | — | Sequoia Capital, Avishai Abrahami, Israeli Innovation Authority, Raissa Hacohen, Varana Capital |
| Oct 8, 2021 | Peak Nano Optics | $25.0M Other Equity | Flag Capital Management | — |
Key people at FLAG Capital Management.