LightBay taps Leeney as MD and business development head

LightBay Capital has hired David Leeney as a managing director and head of business development. Previously, Leeney worked at The Gores Group where he most recently was the head of global origination.


LOS ANGELES, CA, August 14, 2017 – LightBay Capital (“LightBay”), a Los Angeles-based private equity firm focused on middle-market opportunities, today announced that David Leeney has joined the firm as a Managing Director and Head of Business Development. Mr. Leeney will be responsible for coordinating LightBay’s deal sourcing and relationship management efforts.

Mr. Leeney brings more than 14 years of business development, origination, and investor relations experience to LightBay. Prior to joining the firm, Mr. Leeney spent ten years at The Gores Group, where he most recently served as the Head of Global Origination and oversaw business development for all of Gores’ investment vehicles, including its small-cap and mid-cap funds. Prior to Gores, Mr. Leeney worked as an investor relations consultant at Taylor Rafferty on a variety of large-cap, cross-border transactions.

“Dave brings with him tremendous experience sourcing investment opportunities across a variety of sectors, deal sizes, and market environments,” said Nav Rahemtulla and Adam Stein, Founding Partners of LightBay Capital. “We are delighted to have him on the team and are confident that Dave’s breadth of relationships and experience will drive significant value for the firm and its portfolio companies.”

Mr. Leeney said, “The opportunity to work with a tenured team that has an entrepreneurial spirit and a demonstrated ability to successfully invest across market cycles is unique and exciting. I am thrilled to be part of the LightBay organization.”

About LightBay Capital
LightBay Capital is a Los Angeles-based private equity firm that applies a flexible capital approach to middle-market investing. Primarily focused on the consumer, healthcare, and business services industries, LightBay invests across the capital structure and in all market environments to help accelerate the growth of high-quality companies. For more information, please visit