Meghalaya Partners, L.P.

Jonathan I. Liebman, the founder and managing partner, makes all final investment decisions. He previously spent over 20 years at Goldman Sachs, where he was a partner in the investment banking division. The firm operates with a small team, so decision-making remains concentrated.

Liebman uses his network from Goldman Sachs to originate direct lending and private equity opportunities that bypass broad auctions. This often involves relationships with middle-market companies seeking structured credit or buyout capital. The firm targets deals where it can negotiate directly with management or sponsors.

The firm primarily makes direct investments in companies and credit opportunities, but it also commits capital to select hedge funds and private equity funds. Its fund allocations are opportunistic and not the primary focus of the portfolio. The majority of capital is deployed through direct transactions.

The firm generally avoids early-stage technology, biotech startups, and high-risk venture capital. It does not invest in emerging markets directly. The portfolio's core sectors are financial services, healthcare, and industrial companies with stable cash flows.