Bespoke Solutions for Complexity in Private Markets

Mac Murchadha Bespoke Financing is a liquidity solution provider.

Regulatory reforms significantly increased capital requirements for banks and reduced their willingness to lend against certain asset classes, particularly those that are illiquid or difficult to underwrite within standardized frameworks.

In response, private credit markets have expanded rapidly. Hedge funds, specialty lenders, private credit and other asset managers now provide capital and structured financing solutions for borrowers with complex collateral.

Mac Murchadha operates within this evolving ecosystem, acting as a solutions provider that connects asset-rich borrowers with lenders capable of underwriting bespoke transactions.

A Conflict-Free Approach

Mac Murchadha is compensated exclusively by borrowers and does not receive compensation from capital providers. This structure avoids potential conflicts and allows Mac Murchadha to run a competitive process across multiple lenders without favoritism toward a particular funding source.

For borrowers, this approach expands the range of potential capital providers while improving transparency in the financing process.


Our Team

Bill Murphy

Founder & CEO
  • Bill Murphy is the founder of Mac Murchadha, established to deliver structured liquidity solutions for investors navigating increasingly complex private and illiquid portfolios.His background spans capital strategy, private markets evaluation, and institutional advisory roles, including Director, Capital Strategy at Bank of America and Director, Investment Research at Simon Quick.

    Over the course of his career, he has developed a focused expertise in structuring financing solutions against complex asset bases where conventional lending frameworks are insufficient. Bill brings a disciplined underwriting approach and a highly tailored structuring perspective to each engagement.

    He holds the Chartered Alternative Investment Analyst (CAIA) designation.

Joe Drozd

Principal
  • Joe Drozd brings over 15 years of experience in private markets underwriting and investment analysis.

    Over the course of his career, he has evaluated more than 3,500 alternative investments and served as both a portfolio manager and strategic operator, leading firm-wide growth initiatives across investment platforms.

    Joe has developed deep expertise in underwriting discipline, portfolio construction, and the evaluation of complex and non-traditional asset classes.

    He advises Mac Murchadha on underwriting standards, portfolio strategy, and complex asset evaluation.

    Joe holds the Chartered Financial Analyst (CFA) designation.

Mike Novak

Head of Origination
  • Mike is a financial services professional with over 15 years of experience across credit origination and investment management.

    He has sourced, structured, and closed over $100 million in residential mortgage transactions, bringing a disciplined approach to complex credit execution.

    Over the course of his career, Mike has developed a strong foundation in transaction execution, credit analysis, and client advisory across a range of lending environments.

    Previously, he managed more than $1 billion in assets as a Portfolio Advisor and began his career in the operations and trading group of a $10 billion RIA during a period of significant firm growth.

Chris Frissora

Advisor
  • Chris is a senior credit investor and portfolio manager with deep experience across private credit, distressed debt, and asset-based lending.

    He is currently Managing Director and Head of Credit at K8 Capital. Previously, he was a Portfolio Manager and Co-Founder of CCOF Management LP, a ~$100 million private credit firm focused on asset-based lending to early-stage venture companies, and Managing Partner of Maghan Advisors, a family office investment firm specializing in opportunistic private credit.

    Earlier in his career, Chris was a Managing Director in Angelo Gordon’s distressed credit group and a Vice President at Monarch Alternative Capital, where he sourced, structured, and managed complex investments across illiquid asset pools and corporate restructurings.

    He currently serves as a Board Member or Observer to several private companies, including Vivrelle, Royal Electric Vehicles, The Mining Store, and Frederick Automotive.

    Chris holds an MBA from Harvard Business School, an MPA from Harvard Kennedy School, and a BA in Politics from Princeton University.

Max Riffin

Legal Advisor
  • Max Riffin is a Partner at Prince Lobel Tye LLP, advising companies, founders, and investors on mergers and acquisitions, private financings, and complex strategic transactions.

    His practice focuses on helping clients navigate growth, capital formation, executing strategic deals, and business-critical decisions.

  • Most engagements are $5MM+, with flexibility based on collateral and objectives.

  • Structures are typically sourced from private credit providers and specialty finance institutions, and may complement existing banking relationships.

  • No. We structure facilities against private and illiquid assets and these differ materially from brokerage margin.

  • It depends on structure and lender requirements. Many facilities can be designed to minimize operational disruption.

  • Yes. Engagements are handled with strict discretion.

  • In certain situations they may be able to help. We add value by running a broader competitive process across specialized lenders, expanding options and optimizing terms for complex collateral.

  • The name Mac Murchadha is rooted in Gaelic heritage, derived from the historic Irish lineage meaning “son of the sea warrior.” The choice reflects strength, strategy, and disciplined leadership; qualities that define the firm’s approach to capital structuring. Just as the original Mac Murchadha name was associated with resilience and command in uncertain environments, Mac Murchadha Bespoke Financing was founded on the principle of navigating complexity with conviction, precision, and long-term vision.

Frequently Asked Questions