J Blue Capital Management, L.P. is a Miami-based alternative asset manager founded in 2023 by Jonathan Lieberman and David Williams. The founders have worked together across multiple market cycles.

J Blue's principals bring a combined 50+ years of experience in structured credit, opportunistic credit, and specialty finance. Over their careers they have invested more than $25 billion across 15 subsectors, including RMBS, ABS, CRE, private credit, loan originations, securitizations, distress situations and publicly traded equities.

They have built and led investment businesses at firms including Bear Stearns, Angelo Gordon, CQS, Financial Security Assurance, and Moody's Investors Service. They have also served as fiduciaries to some of the world's largest family offices and institutional investors.

We look for smaller, less competitive opportunities that the broader market misunderstands. As conditions change, we move capital to the best risk-adjusted opportunities.

50+
Years of combined principal experience in structured credit and specialty finance
$25B+
Invested by the founders over their careers
15
Structured credit and specialty finance subsectors
12+
Private funds founded and directed by Jonathan Lieberman at Angelo Gordon
Our investment philosophy is rooted in patience, discipline, experience, value, rationality, and repeatable processes. Honesty, transparency, and attention to detail have always been its cornerstones.Investment Philosophy
Why J Blue

What sets us apart

Less competitive opportunities

We target strategic assets and smaller opportunities that larger investors overlook.

Complex, mispriced assets

We source complex, opaque, and fundamentally mispriced assets, including opportunities created by regulatory change.

Access to talented teams

Long-standing relationships give us access to strong management teams and off-market deal flow.

Building origination platforms

We seed new origination platforms, which create a steady supply of attractive credit and value assets.