The capital was earned by building companies.
We were founders and operators before we were investors. The story runs through four cities.
Toronto
Arya Corp, the family’s property company, was founded here by Hossein and Mohammad Abhary. The company continues to operate retail centres, and builds residential homes across Southern Ontario.
Istanbul
Biletix and Yoort were founded in Istanbul. Subsequently, Ali Abhary led Karnaval Media Group, and founded the Karnaval.com digital audio platform in Turkey.
London
Residential property development, held for the long term through The Abhary Group.
Singapore
June Capital Advisors is established to manage the family’s capital under one roof.
Biletix
Founded in 2000 as a joint venture with Koç Group, Biletix was Turkey’s first ticketing network for sport, concerts, theatre and cinema, and became its largest. When Ticketmaster acquired the company in 2006 it held more than three-quarters of the market and sold tickets for over 400 venues, promoters and clubs.
Yoort
A frozen-yoghurt chain founded in 2009. The family chose the sites, negotiated the leases and designed the stores, growing the chain to five locations in Istanbul before selling it to the cinema operator CGV.
Patient with what we own. Open to what is being built.
Income first
We favour assets that pay their way across multiple markets including Asia, Europe, US, Canada and Australia. Sustainable yields, with diversified economic underpinnings.
An endowment’s discipline
Following along Swensen’s models for endowment investing, the office invests in uncorrelated assets to protect wealth during market turmoil: alternatives, hedges, real assets, commodities, including equity-market neutral and managed futures positions.
Risk decided in advance
We set out what we are prepared to lose before we invest, and hold explicit protection against severe market falls.
No clock
There is no fund life and no exit date. We prefer to own a small number of things for a long time.
Open to seed and early-stage investments.
Venture is the smallest and most asymmetric part of the family’s endowment-style portfolio, funded only from capital not needed for income and sized so that no single loss matters. We choose sectors that complement what the family already owns: the public portfolio holds established leaders in data, payments and software, and early-stage holdings keep us close to the companies building with AI, including those that may one day challenge them.
How we invest
- Funds. As a limited partner with specialist venture managers.
- Fund-of-funds and secondaries. For breadth across managers, stages and vintages.
- Direct. Seed to Series A, usually alongside a lead investor we know.
Sectors
- Applied AI. Software that puts AI to work inside a specific industry.
- Data and financial infrastructure. Information services, analytics, payments, wealth and insurance technology.
- Media and live entertainment. Audio, video, ticketing and events.
- Commerce and consumer. Brands, marketplaces and the services behind them.
- Property. Technology for owning, building and managing real estate.
What we look for
- Founders. People who know their industry from the inside.
- Evidence. A product customers already use, or pay for.
- Durability. Proprietary data, a place in daily work, or distribution others cannot copy; not a thin layer on someone else’s model.
- Discipline. A path to profitability that does not depend on the next round.
- Terms. Sensible valuations, standard documents and a credible lead investor.
Beyond capital
Having built companies ourselves, we bring operating experience in consumer internet, media and ticketing, and a network that runs from London and Istanbul to Toronto and Singapore. Introductions are welcome at info@junecapital.sg.
What the office holds.
Public markets
A global portfolio of listed equities, bonds and funds, weighted towards durable income and managed in-house.
Private investments
Private equity and venture, held as a limited partner in funds and fund-of-funds run by managers we know, and occasionally directly where our operating experience in media, ticketing and consumer businesses is of use.
Real estate
Property is held through two family companies, one focusing on residential assets and one concentrated on development / commercial assets.
The Abhary Group
The family’s residential property company. It buys, restores and lets homes in neighbourhoods the family knows well, and holds them for the long term.
Arya Corp
The family’s property company in Canada. It owns and manages five neighbourhood retail centres across Greater Toronto and Hamilton, and develops residential communities with partners, among them M5V Condominiums and Rosepark Towns.
We do not publish positions, valuations or performance.
Ali Abhary
With over 28 years in consumer media & internet experience in North America and Europe, Ali leads The Abhary Group’s overall vision, market identification and strategy.
Ali has an extensive track record as a CEO / Board Member of leading Media & Entertainment businesses in the EMEA region including Biletix (Ticketmaster Turkey); Karnaval Media Group; Sabco Media and Primedia Group. In these roles, he has launched some of the region’s most successful e-commerce (www.biletix.com) and media (www.karnaval.com) websites and apps. Previously, Ali was a senior consultant with Monitor Group, a leading strategy consulting firm.
Ali is also a Board Member and Owner of Arya Corp (www.aryacorp.ca) in Toronto, Canada where he has advised the acquisition and development of multiple large-scale residential and retail communities.
What this office is, and is not.
A single family office
June Capital Advisors Pte. Ltd. manages the assets of one family. It does not manage money for anyone else, offer services to the public or raise capital.
Regulatory status
The company operates under the licensing exemption for single family offices in Singapore’s securities law. It does not hold a capital markets services licence and is not licensed, regulated or supervised by the Monetary Authority of Singapore.
No offer or advice
Nothing on this website is investment advice, or an offer or invitation to buy or sell any security or to invest in any vehicle.
Impersonation
We never solicit investments, by any channel. If someone using our name offers you an investment, it is not us. Please let us know at info@junecapital.sg.