Two experienced investment professionals, Matt Meehan and Toby Bundy, have launched Lyford Partners, a UK-based private credit investment firm aimed at addressing the growing need for asset-based lending solutions to ultra-high net worth individuals, families and businesses.
Lyford has secured launch and long-term equity capital from Moody Aldrich Partners (MAP), a private investment firm in Boston.
Lyford is headquartered in London with representatives in Cayman, Monaco and Nassau. Lyford invests the firm’s funds in solving liquidity challenges for individuals, families and businesses. These include ultra-high net worth, matrimonial, probate and insolvency funding.
With more than 30 years of experience in investment and specialist finance, Meehan has deployed over £3 billion in more than 200 companies in the US, UK and Europe. Bundy has extensive experience restructuring and advising investors on special situations lending having previously built and sold a special situations investment platform.
“We’re excited to bring Lyford to market and honoured to be part of the MAP portfolio of alternative managers,” Meehan, serving as chief investment officer of Lyford Partners, said. “We’re covering the UK, Europe and offshore jurisdictions with financing for situations that fall between the cracks. Asset-based lending is an attractive option because of its structural flexibility. We’ve already transacted a number of deals in October and have another closing this month. There is a strong pipeline for the rest of the year.”
Eli Kent, chief investment officer and co-CEO of MAP, added, “Lyford is hitting the ground running with completed deals and a strong pipeline further demonstrating their integrity, speed and flexibility to borrowers. We’re delighted to add Lyford to MAP’s long history of sourcing and underwriting world class niche investment firms.”
