LBC Small Cap Expands Team, Announces Two Hires
Feb 01, 2018
Small Cap team updates
Philadelphia, PA, February 1, 2018 - LBC Small Cap SBIC, L.P. ("LBC Small Cap") an affiliate of LBC Credit Partners, today announced two additions to their team.
Mark Tyson joined LBC Small Cap as Managing Director. He will be responsible for sourcing, structuring, and negotiating new investments as well as portfolio management activities. Mark has over ten years of experience in financial services and lower middle market transactions including senior and junior debt, structured equity and minority and control equity investments in a variety of situations including: platform and add-on acquisitions, divestitures, debt capital raises, turnarounds and secondary offerings. In addition, he has served on boards of a number of private companies. Prior to joining LBC Small Cap, Mark was on the investment team at Miller Investment Management and Larsen MacColl Partners. He began his career at PricewaterhouseCoopers. Mark is a graduate of the Wharton School at the University of Pennsylvania.
Jacob Reynolds joined LBC Small Cap as an Associate. He will be responsible for research, underwriting and portfolio management of new and existing investments. Prior to joining LBC Small Cap, Jacob worked as an Analyst on the Secondaries Investment Team at Hamilton Lane supporting the underwriting and due diligence of existing LP stakes and their underlying portfolio companies. Jacob is a graduate of the University of Delaware.
LBC Small Cap is focused on originating, executing and managing senior secured, unitranche, junior debt, structured equity and equity co-investments in U.S. lower middle market companies with EBITDA between $2 million and $5 million. The Small Cap Team looks to deploy between $4 million and $15 million per transaction to support funded sponsors, independent sponsors, and family-owned businesses across a broad array of industries.
About LBC Credit Partners
LBC Credit Partners is a leading provider of middle market financing solutions including senior term, unitranche, second lien, junior secured and mezzanine debt and equity co-investments supporting sponsored and non-sponsored transactions. With over $3 billion* of capital commitments, LBC has made investments in companies located throughout North America across a wide range of industries and is committed to a long-term approach to debt investing. LBC is headquartered in Philadelphia, with offices in Chicago, New York and Los Angeles. To learn more, visit www.lbccredit.com.
*Information as of November 2017
The Small Cap strategy, as well as any funds and investments related thereto, is managed by a licensed fund manager in the SBIC Program under the U.S. Small Business Administration, LBC Small Cap Management, L.P., which while owned by certain senior executives of LBC Credit Management, L.P. (“LBC Credit”), is separate and distinct from LBC Credit. For additional information, please contact [email protected]. With respect to LBC Credit Partners VI Feeder LP that are offered in Japan, LBC Credit Funding VI LP will provide to any member of the Japanese public a copy of such documents as are required to be made publicly available pursuant to Article 63 of the Financial Instruments and Exchange Act of Japan. Please contact [email protected] to request such documents.