PLEASANTVILLE, N.Y.--(BUSINESS WIRE)--Larry Yavner has formed LBY Partners LLC, an investment firm, which will lend to and invest in established small-to-medium-sized businesses. The firm will also make other private investments.
“As under-capitalized, small to mid-size businesses in Westchester emerge from this historic recession, private investment firms are seizing the opportunity to step in where larger financial institutions have stepped out”
The Westchester County, New York-based firm will make secured loans to and/or income producing investments in existing, proven businesses with strong leadership characteristics.
LBY Partners establishes strategic partnerships and provides its limited partners with the ability to deploy capital on an “idea-by-idea” basis.
“I have always had the desire to do on my own and with select investors what I have been doing for many years on Wall Street – that is, identify investment opportunities where markets may be inefficient, linking capital to those ideas while maintaining a conservative bias,” said Mr. Yavner. “LBY Partners will have the ability to lend to or invest in companies that typically fall under the radar screen of larger investment firms and banks, and we look forward to helping companies execute on their strategic plans and fulfill their growth potential.”
Investor inquiries should be directed to firstname.lastname@example.org or by calling (914) 747-0059.
Mr. Yavner has nearly 25 years of experience on Wall Street focusing on event-driven situations, such as mergers and acquisitions, capital structure arbitrage and distressed investment opportunities. He has held senior positions at JP Morgan Chase & Co., Bear Stearns & Co. and UBS Investment Bank.
LBY Partners will also partner with the communities in which its investments are made. One such community partner is Hudson Valley Economic Development Corp. (HVEDC), which will assist LBY Partners in finding worthy businesses in the Hudson Valley for loan opportunities and investments.
“It is a pleasure to collaborate with LBY Partners to help the firm select loan opportunities and investments in the community,” said Mike Oates, President and CEO of HVEDC. “Companies in the Hudson Valley will have the opportunity to grow and expand, creating more jobs, as a result of this type of private funding.”
“As under-capitalized, small to mid-size businesses in Westchester emerge from this historic recession, private investment firms are seizing the opportunity to step in where larger financial institutions have stepped out,” stated Laurence Gottlieb, Director of Economic Development for Westchester County, another such community partner. “Westchester is fertile ground for private investment, so LBY Partners is a welcome partner in helping our entrepreneurs move their companies to the next level of success.”
About LBY Partners:
LBY Partners, a Westchester County, New York-based investment firm was formed in September 2012 to make secured loans to and/or income producing investments in existing, proven businesses with strong leadership characteristics. The firm will also make private investments. LBY Partners establishes strategic partnerships and provides its limited partners with the ability to deploy capital on an “idea-by-idea” basis. Mr. Yavner, the firm’s Managing Partner, holds an AB in Economics from Washington University in St. Louis and an MBA from Fordham University (Member of Beta Gamma Sigma Honor Society).