Live Oak Merchant Partners Welcomes Adam J. Fishman as Managing Partner
Live Oak Merchant Partners, an investment firm led by former FBR & Co. CEO Richard Hendrix and former B. Riley Wealth Management Inc. CEO Gary Wunderlich, is proud to welcome Adam J. Fishman as managing partner.
Fishman is joining Live Oak Merchant Partners (LOMP) as a Managing Partner and will focus his efforts on expanding its principal investments, Special Purpose Acquisition Companies (SPACs), and advisory services.
Prior to joining LOMP, Mr. Fishman was Head of Permanent Capital, Distribution at Jefferies LLC, where he oversaw the build out of both the SPAC and equity private placement businesses within Equity Capital Markets. Prior to Jefferies, Mr. Fishman was Executive Vice President and Head of Institutional Brokerage at FBR, where he spent over 13 years. He worked closely with investors across a wide spectrum of investment mandates, including Hedge Funds, Mutual Funds, Pension, Endowment, Insurance and Family Offices. Live Oak Merchant Partners will benefit from his experience in identifying and structuring investment opportunities, as well as sourcing the right capital partners for each individual circumstance.
“Adam’s experience and drive are the perfect fit for our rapidly-growing firm,” said Live Oak Merchant Partners co-founder Rick Hendrix. “Our partners possess over 100 collective years of experience founding and leading companies to achieve dramatic growth, drive transformational change, and complete successful exits for investors. We are excited to have Adam join our partnership.”
Live Oak Merchant Partners is an independent sponsor group focused on control and control-oriented investments in private companies seeking access to capital and the deep management expertise of the LOMP partner group. Targeted equity investment sizes are $25mm-$100mm across most industry sectors.
Live Oak Merchant Partners is also a sponsor of Special Purpose Acquisition Companies (SPACs). Live Oak Acquisition Corp (NYSE: LOAK) priced an IPO in May 2020, and subsequently announced a business combination with Danimer Scientific, the global industry leader in biopolymers used to create 100% marine degradable plastics. Live Oak Acquisition Corp II (NYSE: LOKB.U) priced an IPO in December 2020 and is seeking a business combination in the $750mm-$3B enterprise value range across a number of industry sectors.
“I am honored to join Live Oak Merchant Partners,” said Fishman. “Companies across a wide range of industries need both capital and strategic advice to navigate these unprecedented times, and LOMP stands uniquely positioned to deliver on both. I am particularly excited to work with colleagues I have known and respected my entire career, and whose integrity and commitment to excellence are essential in supporting the management and employee partners of our portfolio companies.”
For more information, visit liveoakmerchant.com.
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