About
Blackfish Capital is a privately held investment firm focused on affordable and workforce housing in the greater Seattle area. We invest in multifamily and commercial real estate, with a long-term vision to address the region’s growing housing needs. Over the next several years, Blackfish Capital will develop 1,000 units of affordable and workforce housing, strengthening the foundation for inclusive, sustainable communities.
In addition to our real estate investments, Blackfish Capital is deeply committed to supporting the local community. We proudly contribute to a variety of charitable organizations across the region, reflecting our belief that strong partnerships and shared prosperity create lasting impact.

President
Johnny Vong is President of Blackfish Capital, a privately held, family‑owned real estate investment firm founded nearly a decade ago. He leads the company’s strategy and growth across acquisitions and development, with a focus on affordable and workforce housing. Johnny is a fellow in the Local Initiative and Support Coalition (LISC) and Amazon‑funded Housing Accelerator Fellowship, which provides training and investment to emerging affordable‑housing developers.
With nearly 20 years of real estate investment experience, Johnny has developed residential and commercial properties in Washington and Alaska. Before entering development, he was a management consultant at IBM and PwC, specializing in financial modeling and technology; his clients included Microsoft, T‑Mobile, technology startups, government agencies, and nonprofits.
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A first‑generation American and the son of ethnic Chinese and Vietnamese refugees who fled Vietnam in the 1970s, Johnny believes in the American Dream and in real estate’s power to create economic mobility and freedom. He serves on the Board of Trustees of Willamette University, including the Executive and Endowment & Investment Committees.
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Johnny holds degrees from Willamette University and Harvard University. He was awarded the Gates Millennium Scholarship from the Gates Foundation. And received a full scholarship from Harvard to pursue his graduate studies at the Kennedy School of Government.
