About Ledyard Capital

Meet the experienced team behind our differentiated approach to financial services investing

Our Team

Decades of combined experience in financial services, fintech, and alternative investments

Russell Echlov - Co-Portfolio Manager at Ledyard Capital

Russell Echlov

Co-Portfolio Manager

Russell brings over 25 years of investment experience in global financial services and fintech to Ledyard Capital. Investment experience in public and private equity and across the capital structure as well as significant board experience has contributed to shaping a differentiated investment perspective. Prior to co-founding Ledyard, Russell was a portfolio manager at RMB Mendon and a senior analyst at FrontPoint Stadia (a subsidiary of Morgan Stanley), all focused on the financial services sector. Russell graduated from Dartmouth College in 1997.

Joel Montgomery - Co-Portfolio Manager at Ledyard Capital

Joel Montgomery

Co-Portfolio Manager

Joel also brings over 25 years of investment experience predominantly in public markets but also in private equity and across the capital structure. Joel was most recently at Citadel and prior to that was at Cobalt Capital and Endurance Capital. Joel is a reformed investment banker, having spent the beginning of his career as a High Tech investment banker at Goldman Sachs. Joel has a BS/Engineering degree from Dartmouth College where he first met Russell, and an MBA from Wharton.

Walter Clark - Chief Operating Officer at Ledyard Capital

Walter Clark

Chief Operating Officer

Walter adds over 30 years of financial services industry experience in both leadership and investment roles. Prior to Ledyard Capital, he was the Chief Operating Officer at RMB Capital where, among other things, he built an alternative investment platform that included partnering with Russell and Mendon Capital. Additionally he has had roles at HPO Partners, Perot Investments and Credit Agricole. Walter graduated from Washington University in St. Louis.

Our Approach

Built on decades of experience and a deep understanding of financial services transformation

Experience Across Markets

Our team combines extensive experience in public and private equity, across the capital structure, with significant board experience in financial services.

Sector Expertise

Deep specialization in financial services and fintech, with experience at leading institutions including Morgan Stanley, Goldman Sachs, and Citadel.

Operational Excellence

Strong operational foundation with experience building alternative investment platforms and managing institutional capital.