Envoy Capital Management, LLC (“Envoy”), an alternative asset manager, announced the recent launch of its debut vehicle. Envoy is a private capital investor primarily focused on providing debt and equity funding to independent sponsors, family offices and owner-operators for buyouts and recapitalizations.

Envoy is led by industry veterans Neil Marks and Norm Lieu. Marks has over 30 years of experience in lower middle-market direct debt sourcing, execution and portfolio management. Prior to co-founding Envoy, he was a co-founder of Praesidian Capital, a private investment firm providing senior and subordinated debt to lower middle-market businesses since 2004. He previously served as EVP and Division Head of Heller Financial’s New York and Boston offices.

Lieu has over 15 years of experience in leveraged finance, new business diligence and management advisory. Prior to co-founding Envoy, he was a Principal at Praesidian Capital and a turnaround advisor at CDG Group.

“With our complementary skill sets, deep personal networks and shared history of investing together, we believe Envoy is well positioned to take advantage of a fluid private equity landscape and the growing importance of independent sponsors and family offices,” said Marks.

Added Lieu, “We are pleased with the market’s reception to our strategy and are committed to being an active partner for the companies and operators we support.”

Envoy Management provides debt and equity capital for established, historically profitable companies for management/leveraged buyouts, recapitalizations and refinancings. Target companies are in the middle-market and lower middle-market and are located throughout the United States.