Oscar FigueroaPrincipal and Lead Fund Manager
Prior to joining FGP, Oscar managed two SSBICs and advised many firms including East Coast Ventures, Inc. He spent 27 years at the Rutgers Business School in several capacities, most notably as the President, Investment Manager, Board Member and SBA-approved Principal of University Ventures, Inc., an SBIC at the Rutgers Business School until its sale in 2004. He also served as Investment Manager of Triad Capital Corporation, another SSBIC, in NYC. He developed documentation and procedures which are now standards in the SBIC industry, including a subordinated debt with equity investment/exit strategy, now proven effective. Oscar is widely respected in the SSBIC industry and has received various accolades from the industry including from the SBIC Investment Division’s office of Inspector General. Oscar guided Triad through the process of getting approval from the SBA Investment Division to re-organize Triad from a C-Corp. to a Limited Partnership. Oscar earned a BA in Economics from City University of NY- Queens College, and an MA in Economics from Penn State.
Matthew MeredithPrincipal and Fund Manager
Project lead for FGP at LixCap, Matthew is a Managing Principal and co-founder of LixCap. Matthew is an experienced serial entrepreneur, executive and board member. In 2016, as a founder and board member, he helped open Friopuerto Tanger SA, a fresh food logistics hub at the Port of Tangier Med, Northern Morocco. From 2014-2015, Matthew was the interim turnaround manager of a renewable energy and energy efficiency debt financing program. Matthew facilitated an investment of Euro 80 million from the European Bank for Reconstruction and Development and successfully launched the program. From 2003-2012, Matthew was founder, CEO and board member of Ice Age AG, a German fast moving consumer products firm. Matthew has a BA from Tufts and an MBA from Kellogg. He was a ranger and airborne qualified US Army Infantry Officer 1997-2001.
Divakar serves as the CFO of LoudCloud Systems, Inc., a behavioural analytics based teaching and learning platform in education using SaaS, since 2012. From 2010 to 2012 Divakar was a partner with Simanor, LLC, a cross-border advisory company providing investment-banking services to companies in India seeking a US presence and vice versa. Divakar has 31 years of experience in the PE industry. He has served from 1987-1993 as Executive Vice President of Equico Capital Corporation, a wholly owned SSBIC of the Equitable Life Assurance Company, focusing on manufacturing and media investments in companies led by minority managers. He began in private equity at Fulcrum Venture Capital Corporation in 1979, joining as a Vice President and later was promoted to President. Divakar sourced and structured investments in high profile minority owned companies including, but not limited to, Radio One, the largest African-American owned media company, Envirotest Holdings, an auto emissions testing company, and Simeus Foods International, the largest African-American owned meat processor in the US. Divakar earned a BS in Metallurgy from the Indian Institute of Technology, an MS in Materials Science from Stanford and an MBA from UCLA.
William FellowsPrincipal and Operating Partner
William is a Principal and Co-Founder of LixCap. He will be responsible for compliance and manging the technical assistance at LixCap. He is a Board Member of Atlas Cold Ports LLC with has fifteen years’ experience in venture financing, venture fund development in developing markets including advising and supporting US Government investment initiatives. He began his risk capital career on an Overseas Private Investment Corporation (OPIC) fund. William earned a BA in History from Vassar, an MA in International Economics & Finance from Johns Hopkins University School of Advanced International Studies (SAIS).
Leonard Schutzman Chairman of The Board of Advisors
Leonard serves as an Operating Executive for Evercore Capital Partners and Evercore Partners LLC. Leonard served as CEO and Chairman of Triad Capital Corp. He served as a Member of the PepsiCo management team for 18 years. From July 1976 to May 1993, he held several positions at Pepsi-Co., Inc., including VP, SVP and Treasurer. He is the Chairman and founder of the Schutzman Centre for Entrepreneurship at Queens College, CUNY.
Robert Sochor Advisor
Robert is a founding partner of Davidson, Sochor, Ragsdale & Cohen, LLC, a law firm in Elmwood Park, NJ. He has more than 50 years of experience counselling businesses, professional entities, individuals and non-profit organizations in all aspects of operational, transactional and tax matters. He is also a CPA. He advised University Ventures (UV), Inc. (an SSBIC) for over twenty years and handled the closing of many of UV’s investments. Most of these where subordinated debentures with equity features (warrants), using the formulas developed by UV and structured as per the SBIC regulations.