About Us

Our Team

We have assembled a roster of leaders that add significant value at each stage of the investment process, from origination to realization.  The DLB team has experience across all ends of the financial services spectrum in various locations around the world.  Our experience includes all management, board, and advisory capacities, providing our team with a valuable perspective for our portfolio companies and investing partners. Click below to access extended biographies of team leaders.

 

Douglas L. Brown

Chairman & CEO

Douglas L. Brown

 Douglas L. Brown—Chairman & CEO DLB Capital

Doug Brown has spent over 25 years advising financial services companies at the CEO level with respect to corporate financial issues such as restructuring, capital raising and the monetization of key assets. He specialized in providing strategic-oriented advice geared towards corporate value maximization, and in the process, formed lasting relationships with many of the top executives in the global financial services business.

In 2006 he retired from Morgan Stanley and formed DLB Capital to apply his expertise and strategic experience to the development and formation of startup companies. His focus is in underserved areas within the financial services industry. Doug has successfully started and secured funding for three such startups. He served as the Non-Executive Chairman of all three and is integrally involved in their development and Growth. One is in the United States, Hightower Advisors. Hightower Advisors was formed in 2008 to create a new alternative for High Net Worth financial advisors. It now has over 45 teams and over $35 Billion in assets. Two of his companies are in China. The first is China Rapid Finance, is the largest Consumer online lender in China. In the first half of 2015 it facilated 74% of all the online P2P loans made in China. Harvest Technology, the second investment in China, is an E-Payment company with a leading share in pre-paid mobile phone cards and micro merchant e-payment Outlets.Harvest is presently under contract to be sold. In 2010 Dlb Capital invested in, and sold a middle class housing project in China for a 46% IRR.

Prior to the formation of DLB Capital, he was Vice Chairman – Investment Banking at Morgan Stanley with a wide range of responsibilities on the investment banking side of the firm. During his tenure at Morgan Stanley, he advised on over $80 billion in transactions and was integral in growing the Financial Services practice to over $1 billion in annual revenue. He was responsible for both the origination and execution of his transactions. While at Morgan Stanley, he served as Co-Head of the Global Financial Institutions Group, Head of the Global Insurance Group, Head of the Client Diagnostic Group, Head of Firm Relationship Management, and a leader of the firm’s China Financial Institutions Privatization initiatives.

While at Morgan Stanley Doug advised a number of key US clients, including American International Group, AEGON, Phoenix Life, Torchmark, Waddell & Reed, First Colony, MetLife, and MassMutual, many of which he has worked with for over 15 years. Internationally, he worked with a number of financial institutions in both China and Japan. Most recently, his clients in China included the Peoples Insurance Company of China and China Construction Bank for which he led the raising of over $10.5 billion in IPO proceeds. 

Prior to Morgan Stanley, Doug was an Executive Director with First Boston specializing in Corporate Finance and M&A in their Global Insurance Group. Earlier, he was with GE Capital in strategic planning with a focus on acquisitions and business planning and ran its Leveraged Real Estate Sale Leaseback program. He began his career at The Bank of New York in commercial lending.

He is member of the Board of Transamerica, China Rapid Finance and Harvest Technology. He was Chairman of Hightower Advisors from 2007 to 2011 and presently serves as an advisor to the CEO.Doug has a Bachelor of Arts degree from Bowdoin College.
 
 

 

Jerry Thomas

Advisory Director

Jerry Thomas

Jerry Thomas was a Partner at the law firm of Simpson Thacher & Bartlett LLP from 1979 through 2007 where he concentrated on general corporate, securities and banking law matters and was in charge of managing the firms’ relationship with JP Morgan Chase. At Simpson Thacher, Jerry represented JPMorgan Chase on a regular basis in its corporate activities and as issuer's counsel for its securities issuances. He also represented major underwriters in connection with public offerings and Rule 144A/Reg S offerings of debt and equity securities by investment grade and high yield issuers in a variety of industries. Jerry joined Simpson Thacher in 1972 and became a partner in 1979. He was a long-time member of the firm's Executive Committee and was an Administrative Partner from 1992 to 1995. Mr. Thomas has served as Legal Counsel to The Metropolitan Golf Association since 1983. He is a Trustee of The Chapin School in New York City. He received his B.A. with distinction from the University of Virginia in 1968 where he was elected to Phi Beta Kappa, and received his J.D. from the University of Virginia School of Law in 1972.

 

 

 

 

About Us

 

Our experience spans all management, board, and advisory capacities, which provides us with valuable perspective to the direct benefit of our investing partners.