Delancey Cove LLC
Governance for Special Situations
Delancey Cove LLC
Governance for Special Situations
What We Do
Corporate Governance and Portfolio Company Support
Corporate Governance and Portfolio Company Support
Corporate Governance and Portfolio Company Support
We work closely with management teams and financial stakeholders to deliver significant improvements to business performance. We serve as a non-executive directors or interim managers, bringing a strong ownership mentality to these roles. Our clients represent a broad range of investors including private equity sponsors, distressed debt funds, and public shareholders.
Capital Structure Advisory
Corporate Governance and Portfolio Company Support
Corporate Governance and Portfolio Company Support
Business transitions often require both operational and capital structure restructurings. We work with owners, managers, and other advisors to design and execute funding structures tailored to the needs of our clients.
Deal Sourcing, Analysis, and Execution
Corporate Governance and Portfolio Company Support
Deal Sourcing, Analysis, and Execution
Through our global network, we frequently come across unique, off-the-run investment opportunities in private equity, private credit, and distressed debt. In such cases, we work as a fundless sponsor with our alternative investor clients to source, analyze, and execute these investments.
Our Team
Tripp Lane
David Belford
David Belford
Tripp has over 20 years of experience in private equity, distressed debt, restructuring, and public equity. He has worked as an interim manager and non-executive director in industries ranging from software to basic metals and has extensive experience in Europe, Asia, Africa, and the Americas.
From 2015 to 2017, Tripp was co-head of the E
Tripp has over 20 years of experience in private equity, distressed debt, restructuring, and public equity. He has worked as an interim manager and non-executive director in industries ranging from software to basic metals and has extensive experience in Europe, Asia, Africa, and the Americas.
From 2015 to 2017, Tripp was co-head of the European distressed team at BlueMountain Capital. From 2006 to 2015, Tripp worked at Apax Partners where he invested in the consumer, retail, and media industries and also worked closely with Apax's troubled investments as a member of Apax's Capital Markets team.
Prior to working at Apax, Tripp worked at Warburg Pincus and Goldman Sachs.
Tripp has an MBA from Wharton, an MA in International Relations from SAIS (Johns Hopkins University), and a BA from Colgate University. He speaks English, French, Spanish, and Italian.
Tripp is based in the New York area and works with clients throughout the Americas and EMEA.
David Belford
David Belford
David Belford
David has worked as an investor, operator, and advisor in the real estate industry since the early 2000s. He has extensive experience with both distressed and performing real estate businesses and has worked as a C-level executive and board member in both private and public real estate companies.
From 2008-2020, David worked at Colony Cap
David has worked as an investor, operator, and advisor in the real estate industry since the early 2000s. He has extensive experience with both distressed and performing real estate businesses and has worked as a C-level executive and board member in both private and public real estate companies.
From 2008-2020, David worked at Colony Capital where he held a number of senior level positions including Chief Credit Officer and Head of Asset Management at Colony’s Mortgage REIT, CLNC (now known as BrightSpire Capital); Deputy Portfolio Manager of Colony’s Distressed Credit Funds; Head of US Balance Sheet Co-Investments; Co-Head of Colony’s London Office: and Chairman of a public distressed retail loan portfolio.
From 2020-2023, David served as the Chief Financial Officer of Nutrition Corp, a high-growth manufacturer and eCommerce DTC meal delivery company, leading all financial and capital markets activities.
Prior to working at Colony, David worked at iStar Financial and Merrill Lynch. David began his career at DLJ as an Investment Banking Analyst in 2000.
David has an MBA from Wharton, an MA from the Lauder Institute at the University of Pennsylvania, and a BCom from Queen’s University. He is fluent in English, French, and Portuguese.
David is based in Los Angeles and focuses on real estate clients in the Americas and EMEA.
Joel Werner
David Belford
Joel Werner
Joel has over 20 years of investing and governance experience. For the past 12 years, Joel has focused on the Asia-Pacific market where he has invested and managed businesses across all major countries and industry sectors.
From 2014 to 2022 Joel was the Founder and Chief Investment Officer of Solitude Capital Management, an investment
Joel has over 20 years of investing and governance experience. For the past 12 years, Joel has focused on the Asia-Pacific market where he has invested and managed businesses across all major countries and industry sectors.
From 2014 to 2022 Joel was the Founder and Chief Investment Officer of Solitude Capital Management, an investment fund focused on emerging markets in Asia. From 2011-2014, Joel was a Managing Director at ChinaRock Capital Management, a China-focused multi-strategy hedge fund. He previously worked as a Portfolio Manager at Plural Investments, a long / short hedge fund, and Sandelman Partners, a global multi-strategy fund. While at Sandelman Partners, Joel co-established the European office in London and managed a European long / short equity strategy.
Joel started his career as an investment banker at Goldman Sachs and as an associate at Frontenac, a private equity firm.
Joel has an MBA from the Stanford Graduate School of Business and a Bachelor of Science degree in Finance from the University of Illinois at Urbana-Champaign.
Joel is based in Hong Kong and is focused on the Asia-Pacific region.