L. Thomas Gregory

My own approach emphasizes disciplined investing and the creation of enduring enterprise value.

Tom is a seasoned investor, executive and board leader with more than 40 years of experience in private credit and equity investing, corporate strategy and capital markets. He has deployed over $10 billion of debt and equity capital across more than 1,000 investments, delivering strong risk-adjusted returns while building and leading high-performing organizations across the lower-middle market.

Throughout his career, Tom has been recognized for building cohesive, values-driven cultures and mentoring leadership teams to achieve sustainable growth. His approach emphasizes disciplined investing, alignment with management and the creation of enduring enterprise value. Tom has experience advising management teams, boards and investors on capital formation, strategic growth initiatives and value creation. He has also led complex restructurings, including distressed investments, recapitalizations and operational turnarounds. His work spans a broad range of industries, including consumer, retail, manufacturing and telecommunications, with a particular focus on long-term partnership and sustainable enterprise development.

Prior to joining Lincoln as a Senior Advisor, Tom served as Senior Advisor, Partner and Chief Operating Officer for Access Holdings, a Baltimore based private equity firm, where he led capital markets strategy, executive development, and strategic initiatives across the portfolio. Earlier in his career, as Founder, former CEO and Chief Investment Officer of Maranon Capital, he built a private credit platform focused on flexible capital solutions across the capital structure. Under his leadership, the firm grew from four founding partners to more than 50 investment professionals, distinguished by strong performance and exceptional team continuity. Prior to Maranon, he was Managing Director and Head of the Midwest office at American Capital Strategies, a publicly traded business development company. Tom has served on more than 25 corporate boards, providing guidance on governance, strategic transformation and organizational development.

Tom earned a Master of Business Administration from the Kellogg School of Management and a Bachelor of Science in Business Administration from the University of Missouri-Columbia.