Leadership

David W. McCombie III

Founder and Chief Executive Officer

David McCombie founded McCombie Group— a collection of influential families actively seeking to invest long-term capital into established family-owned businesses. A thought leader on private equity and family offices, he has been a featured speaker at various investment conferences and has been profiled in the Wall Street Journal and Bloomberg.  David is a prolific writer and a contributing author of “The Complete Direct Investing Handbook: A Guide for Family Offices, Qualified Purchasers, and Accredited Investors” published by Wiley.

David is a former McKinsey & Company management consultant—A specialist in corporate strategy, he managed multiple client teams across a variety of industries to quickly develop strategic recommendations within complex, uncertain environments. In 2009, he was selected as a McKinsey Global Institute Fellow to further develop the firm‘s regulatory capabilities (approximately 10 of 10,000 McKinsey consultants selected/ year). Prior to joining McKinsey, he briefly worked as an associate within the financial institution group at Citigroup Global Banking in New York.

David graduated from Harvard Law School where he focused on corporate law & negotiation strategy, and also did extensive coursework in corporate finance at the Harvard Business School. His thesis, “Hispanic Private Equity: A Cultural Approach to Achieving Superior Investment Returns” was published in the Harvard Latino Law Review. He graduated Phi Beta Kappa from the University of Miami with a degree in Economics/Finance, where he was a Cuban American National Foundation Mas Scholar. He is also a licensed Florida attorney.

Jay S. Lipsey
Partner

Jay S. Lipsey is a partner at McCombie Group. Jay brings over 15 years of experience encompassing capital markets, corporate finance, and strategic consulting across a variety of industries. He started his career in the debt capital markets group of National City Bank (now part of PNC), where he syndicated bank loans on behalf of borrowers in the manufacturing, food and beverage, and aviation sectors. His team successfully marketed over $1.2 billion of bank loans, cementing their place as the most active middle market lender in the bank’s footprint. Jay was also an asset manager at D.B. Zwirn, a $4.0 billion hedge fund focused on second-lien loans for private equity sponsored transactions.

Jay also co-led the finance department of Cargo Ventures, a nationwide real estate developer of logistics facilities in key transportation markets and served as an asset manager at Rialto Capital Advisors, a subsidiary of Lennar, the largest homebuilder in the United States.

Jay places a high value on community engagement, and is involved in numerous charitable and civic initiatives both locally and nationally. He is co-founder of the James Madison Institute Young Leaders Council, and leads its South-Florida chapter. While in New York, Jay co-launched the Bnai Brith Real Estate Young Development Group and was instrumental in the establishment of the New York Private Equity Network’s (NYPEN) real estate division. He has been recognized by the Memphis Jewish Federation and the University of Pennsylvania Health System for distinguished community service. Jay graduated from the Wharton School at the University of Pennsylvania.

David F. Spigelman
Director

David F. Spigelman is an Origination Director for McCombie Group.  David has a broad background having worked  in strategy consulting, wealth management, and capital markets.  For the last 17 years, Dr. Spigelman has been a lecturer in economics, finance and business at the University of Miami.  Prior to that, he held senior roles at Morgan Stanley, the Federal Reserve, and First Chicago Corp. (now part of JP Morgan Chase).

David graduated magna cum laude with distinction in economics from the University of Illinois, Urbana-Champaign.  He has MA and PhD degrees in economics from Stanford University, where he was a Stanford Fellow.