We’re founder-first, not fund-first. This means more flexibility, faster timelines, and better alignment with operators.
Our team
FOUNDER
Favour Eloka
Favour was born in Lagos, Nigeria, and raised inside an operating business. When he was five, his parents founded a shipping and logistics company that grew into West Africa’s third largest port operator. Throughout his childhood he worked in the business for four to seven hours a week, in the warehouses, around the cranes and on the gates.
Before law, he played football for Nigeria at youth level, competing in Atlanta, Dubai and Kenya.
He read Law at the University of Nottingham, where he won the Contract Law Scholar Prize. He secured a training contract at Clifford Chance at the end of his first year. He also spent a summer in Corporate Private Equity at White & Case and completed the SEO London Alternative Investments Academy.
After the LPC at the University of Law, he joined Clifford Chance. He left one step from qualifying to build something of his own.
In 2024 he founded Harmony Capital, which provides founder-led capital and succession for UK SMEs turning over £3m to £30m. Harmony works alongside Caprae Capital Partners. The same year he founded Penguin Bookings, a London serviced apartment business that has generated over £100k in revenue.
Today, Favour leads Harmony Capital as Founder & Principal. He works with owners on succession, partial exits and growth.
STRATEGIC ADVISOR
Kevin Hong
Mr. Hong began his career in Wealth Management at Merrill Lynch before joining William O’Neil + Co. as a Research Analyst, where he developed a foundation in investment analysis, capital markets, and identifying high-growth businesses.
He later became a technology entrepreneur, founding and scaling ventures across media, entertainment, data, and business services. Over the course of his operating career, Kevin helped grow businesses to approximately $7 million in annual revenue and $31 million in annual recurring revenue, building experience across sales, fundraising, team development, and operational growth.
Kevin subsequently entered lower-middle-market private equity by acquiring and leading a managed service provider and data center services company. Having personally navigated the acquisition, financing, and operating process, he understands the challenges acquisition entrepreneurs face both before and after closing.
Today, Kevin is the Founder and Managing Partner of Caprae Capital Partners, where he helps searchers, independent sponsors, and investors acquire and grow lower-middle-market companies. Caprae has helped source, advise on, and close more than $100 million in transactions.
Kevin earned a BS in Finance from the University of California, Riverside and an MBA from the University of Chicago Booth School of Business.
OPERATING PARTNER
Hereford Johnson
Hereford is a Chicagoland native, married to his wife Breanna a registered nurse. He’s an Air Force Veteran who started his career as a blue-collar employee. As a Management Consultant, he led in large-scale implementations, pre-merger integration planning, and IT strategy initiatives.
He gained a passion for entrepreneurship when starting a home cleaning business; leading his team through Covid without losing a single employee despite a 60% drop in revenue. He started his healthcare career by volunteering to support the CEO of a pediatric therapy start up.
He pursued an opportunity to acquire and lead two pediatric therapy business as CEO leading a turnaround and integration. Afterward, he returned to his original services industry of commercial cleaning where he acquired and operates full-time.
He holds a BS and MS in Engineering from the University of Illinois and a MBA from the Kellogg School of Management at Northwestern University.