Ex-Lyceum fundraiser launches advisory firm – exclusive

Andrew Aylwin has joined forces with Sun European Partners' former head of debt capital markets for Europe.

Andrew Aylwin, former head of investor relations and fundraising at Lyceum Capital, has co-founded a capital advisory firm, Private Equity International has learned.

Aylwin has joined forces with David Culpan, ex-head of debt capital markets for Europe at Sun European Partners, to launch MDW Capital Partners. The Mayfair-based firm will serve as a debt and equity advisor to private companies, a source with knowledge of the matter told PEI.

MDW declined to comment.

The firm is registered with the UK’s Companies House.

A former Lyceum partner, Aylwin was one of the seven who resigned in January after the firm pulled its latest fundraise and moved to a deal-by-deal basis. Lyceum completed its first transaction under this strategy last month.

MDW Capital Partners will initially provide debt advisory services until it receives regulatory approval to advise on equity raises, the source said. It will work with companies in the Lyceum portfolio on which Aylwin holds board positions, PEI understands.

Aylwin and Culpan have completed over €11 billion of equity and debt capital deals across 200 transactions, commitments and co-investments, according to the latter’s LinkedIn profile. Sun European Partners is a division of Boca Raton-headquartered Sun Capital, which specialises in North American and Western European buyouts and distressed opportunities, according to PEI data.