About Us

Early partners with founders on a mission to build the future.

The Firm

AAF Management Ltd. (AAF) is a leading early-stage venture capital firm focused on pre-Seed, Seed, and Series A stage technology companies in North America. Since late 2016, we’ve invested in over 120 venture-backed portfolio companies across fintech, healthcare, consumer, enterprise software and deep tech as well as 23 emerging managers globally. The firm currently has over $180M in assets under management. 

We are backed by over 95 Limited Partners (LPs) across two funds, a fund-of-funds and two SPVs. Our investors include leading multi-family offices, single family offices, royal families, c- level executives, ministers, ambassadors, fund-of-funds, foundations, hedge fund managers and other strategic investors across the US, Europe, and MENA region.  

We actively manage Limited Partnership (LP) allocations into early stage emerging managers globally exposing us to over 700 venture-backed companies. We’ve backed emerging managers who were previous venture investors at prestigious firms such as Sequoia Capital, Lightspeed Ventures, NEA, Khosla Ventures, Kleiner Perkins among others.

Notable companies in our extended portfolio include: Robinhood, Didi, Savage X by Fenty, StockX, Figure, Reddit, Current, Synthego, Jasper, Drata, Epic Games, FiscalNote among many others. 

Notable exits in our extended portfolio include: CrowdStrike (NASDAQ: CRWD), TruOptik acq. by Transunion (NYSE: TRU), Even Financial acq. by MoneyLion (NASDAQ: ML), Prodigy acq. by Upstart (NASDAQ: UPST), Portfolium acq. by Instructure (NYSE: INST), now a Thoma Bravo Company, HeyDoctor acq. by GoodRx (NYSE: GDRX), Medumo acq. by Philips Healthcare (NYSE: PHG) among others.

The Team

Kyle Hendrick
Founder, Managing Director & General Partner

Kyle founded AAF Management Ltd. (AAF) to bring strategic value add from the firm’s GPs and LPs to the US venture capital ecosystem. Since inception in 2016, the firm has grown its assets to over $180M AUM.

Omar Darwazah
Managing Director, General Partner & CFO

Upon co-founding AAF 6 years ago, Omar invested in close to 140 technology companies in the US, Europe, and MENA region across a multitude of different sectors alongside 70 blue-chip venture capital firms which manage over $1B.

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Evan Hendrick
Senior Investment Associate

Evan joined AAF Management in 2016. Evan focuses on deal sourcing, research, and due diligence across all technology-driven sectors. Evan also assists on the firm’s fund to fund process where he monitors over 250 early stage VC’s & top tier angel investors.

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Omar Allabadi
Investment Associate

Omar joined AAF Management in 2022. Omar is mainly responsible for screening and sourcing deal flow, research, and conducting due diligence.

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AAF Management Ltd.

AAF Management Ltd. (AAF) is a leading early stage venture capital firm focused on Pre-Seed, Seed and Series A stage technology companies in North America.

Washington D.C | Abu Dhabi