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Ray Boone is a founder and general partner of Multiplier. He was formerly a Principal and co-founder of ORIX’s growth lending business co-leading the Silicon Valley office and the Western Region.

Ray has 15 years of direct experience in growth and venture lending. Prior to ORIX, he was a Director in Bank of America’s high-growth lending unit, Greyrock Capital, where he oversaw a team of underwriters for all new business and portfolio restructuring. While at Greyrock, Ray helped deploy over $1 billion in growth debt capital. Prior to Greyrock, Ray was CFO at Zeos, a start-up internet search company, and prior to that he was with Foothill Capital Corporation.

Ray received his bachelor’s in Economics from the University of Southern California.

Active Portfolio: Handle Financial, Rocket Lawyer, Mizzen and Main, Fooda, Zeel Networks, Firefly Systems,
I and Love and You, StyleSeat, Quartzy

Franklin Clarke serves as the Portfolio Manager at Multiplier Capital. Franklin brings over 20 years of experience as an investment research and financial data analyst. He was formerly a New Ventures Director at Landmark Media Enterprises where he evaluated and monitored privately-held digital and traditional media company investments. Prior to Landmark, Franklin was a Principal in ORIX Merchant Banking and a Vice President of ORIX Corporate Finance in New York.

At ORIX, he recommended and monitored investments in mezzanine debt across a variety of sectors and high-yield bonds of media companies. Before ORIX, Franklin created financial models for assessing performance of a sovereign debt portfolio at a United Nations agency based in Rome, Italy, where he lived for several years. He began his career at Morgan Guaranty Trust Co. in New York, where he was a Vice President in Corporate Finance. Franklin received his M.Sc. in Decision Sciences at the University of Westminster, London, and his B.A. from the University of Virginia.

Ezra Friedberg is a founder and general partner of Multiplier Capital. Separately, Ezra owns and operates other investments and financial businesses.

Ezra is a seasoned investor with more than twenty years of investing experience in both public and private companies. His investments include classic private equity, venture capital, distressed opportunities/assets, and property across the United States, Canada, and overseas.

Ezra is a graduate of Johns Hopkins University. He has founded and is an active member of several community and civic organizations, including a non-profit employment agency. Ezra also serves as a member of his family’s global charitable foundations. Ezra has served on several for-profit and non-profit boards.

Wilson King is a General Partner of Multiplier and a voting member of the fund’s Investment Committee. Wilson serves as the head of East Coast Originations, with responsibility for deal sourcing, evaluation, structuring, documentation, and portfolio management, including serving as a Board Observer for numerous Multiplier portfolio companies.

Wilson brings over 20 years of direct investing and investment banking experience to Multiplier including over $600MM of direct growth lending experience to over 65 companies. Prior to joining Multiplier’s founding team in 2012, Wilson spent 6 years at ORIX’s growth lending business, culminating as an Associate Director with responsibility for underwriting new investments, primarily in the Mid-Atlantic and Southeast regions. Prior to joining ORIX, Wilson worked for Houlihan Lokey, an international, advisory-focused investment bank with 14 offices throughout the United States, Europe, and Asia.

Mr. King was a Bradley-Turner Scholar at the University of Georgia, where he graduated Magna Cum Laude with honors from the Terry College of Business with dual BBA degrees in finance and management information systems.

Active Portfolio: Apogee, Jolt Software, InMarket Media, GoSecure, Yello, Springbuk, Gravy<>Unacast

Jordan Kreke is a Vice President at Multiplier Capital with responsibility for deal flow sourcing, evaluation, execution, and structuring, including due diligence, legal, and document review. Jordan joined Multiplier in October 2018.

Prior to joining Multiplier, Jordan spent three years at The Advisory Board Company, a consulting firm that specializes in advising health care organizations worldwide on financial and operational performance. During his tenure at The Advisory Board, Jordan provided strategic financial consulting to CFOs at multi-billion dollar health systems across the U.S.

Joredan received his BA in Economics and Political Science from the Boston College.

Carol Nicholas is the Director of Operations at Multiplier and has been with the firm since July 2012.

Carol has over 25 years of operational and project management experience. She was formerly the Administration Manager for ORIX Venture Finance, where she was responsible for deal closings, portfolio company reporting and compliance, and marketing and communications. Previously Carol worked as an Associate for ORIX Merchant Banking, where she coordinated due diligence for M&A transactions and assisted with reporting and monitoring for the private debt, private equity and special situations portfolios.

Prior to joining ORIX, Carol held a number of positions at the Institution of Civil Engineers in the UK, most recent of which was Manager – Special Projects, tasked with bridging industry leaders and speakers to build technical conference programs on state-of-the-art civil engineering.

Carol graduated Magna Cum Laude from the Zicklin School of Business at Baruch College with a BBA in Finance and Investments.

Henry (“Huck”) O’Connor is a founder and general partner of Multiplier. He was formerly a Managing Director for ORIX’s growth lending business with responsibility for the Mid-Atlantic and Southeast regions.

He has 32 years of transaction experience and has raised over $18 billion in debt and equity capital for large and small public and private companies. Prior to joining ORIX, Huck worked at BIA Capital Strategies, an investment banking boutique. Prior to BIA Capital, he worked in the media and telecommunications investment banking groups of CIBC World Markets, Banc of America Securities and Salomon Smith Barney. Prior to investment banking, Huck was an attorney, most recently with Latham and Watkins.

Huck received his law degree from the University of Pennsylvania and his BA degree, with distinction, from Cornell University. He currently serves on the Cornell University Council, and for the past twelve years has served as the Chairman of the Finance Committee of the Board of Trustees of The SEED School of Washington, DC, a public charter boarding school that serves at-risk children in Washington.

Eddie Saoud is an Associate at Multiplier Capital with responsibility for deal flow evaluation, execution, and structuring. Eddie brings several years of experience working across the innovation economy in the San Francisco Bay Area.

Prior to joining Multiplier in 2022, Eddie supported fund strategy and execution at SVB Capital, focused on private credit and equity strategies. Previously, Eddie served as a senior consultant at Armanino LLP, where he specialized in IP and asset sales primarily for restructuring technology companies in the San Francisco Bay Area, preceded by various finance and operational roles in startup and enterprise technology companies.

Eddie holds an MBA and a BS in Applied Mathematics from San Jose State University.

Kevin Sheehan is a founder and the managing general partner of Multiplier. He was formerly the President and Chief Executive Officer of ORIX’s growth lending business and founded the group in 2001.

Prior to joining ORIX in 2000, Kevin was a corporate/transactional attorney at Wachtell, Lipton, Rosen & Katz, focused on M&A work for financial institutions. He also served as special assistant to the Under Secretary of State for International Security Affairs and as an officer in the U.S. Army.

Kevin received a BS degree from the United States Military Academy at West Point, a Ph.D. in political science from Harvard University, and a JD from Columbia University. He serves actively on the board of directors of a non-profit organization that supports at-risk military veterans and their families.

Kevin currently serves as an At-Large Board Member for SBIA’s Board of Governors for the 2022-2023 term.

Ash Vaidya is a Managing Director at Multiplier with a focus on investing in mission critical business-to-business focused tech companies.

Ash has worked in the tech industry for over two decades. He has 15 years of direct experience in growth and venture lending. Prior to joining Multiplier, he co-founded Sanctum Capital, an investment firm focused on making debt and equity investments in mid-to-late stage tech companies. Prior to Sanctum, Ash served as a senior member of the investment teams at Wellington Financial, Hercules Capital, and TriplePoint Capital. Prior to his career in venture lending, Ash was an investment banker at J.P. Morgan. Prior to JPM, he co-founded a successful SaaS company that built one of the first scalable, multi-tenant eLearning platforms.

Ash received a BA in Computer Science and Economics and an MBA from Cornell University where he was the recipient of the Fried Fellowship. He currently serves on the Advisory Council of the Entrpreneurship@Cornell Program. Ash is a Co-Chair for the Cornell Alumni Admissions Ambassador Network and a Board Member of Cornell Norcal.

Thomas Walton-Cale is a Managing Director at Multiplier Capital, focusing on venture debt investments in rapidly growing, professionally backed technology companies. He is responsible for new deal origination, deal flow evaluation, structuring, and execution, including due diligence, legal negotiation, and document review. He also supports portfolio company monitoring and valuation. Thomas joined Multiplier Capital in June 2014 as a Senior Associate and now leads Multiplier’s origination efforts in the Northeast.

Thomas has 12 years of direct investment experience in growth-stage technology businesses. Before joining Multiplier Capital, Thomas was an Associate with Harbert Growth Partners, where he executed venture capital investments in emerging technology companies, with responsibility for investment due diligence, financial analysis, and portfolio company monitoring. Prior to Harbert Venture Partners, Thomas worked in the Investment Banking Group at BB&T Capital Markets where he participated in a variety of sell-side M&A, leveraged buyout, and capital market transactions across a broad range of industries.

Thomas holds a Bachelor of Science in Commerce from the University of Virginia’s McIntire School of Commerce, where he concentrated in Finance and Management.

Active Portfolio: Flaviar, Buffy, Burrow, Komprise, Primary