Team

Raymond N. Davis
Chairman
Ray Davis is the Chairman of Mabuhay Capital. He is a senior investment banker with international M&A and Restructuring expertise with a distinguished track record in completing complex transactions, particularly in situations involving troubled companies. He is experienced in many industries including banking, utilities, energy, manufacturing, automotive, telecommunications, airline, cement, pulp and paper, retail, infrastructure and steel.
Ray has extensive experience in Asia, Europe, Canada, US, Latin America and the Middle East. He was the most active investment banker advising clients in Restructuring in Mexico following the Peso Crisis and in Indonesia following the Asian Crisis. He represented the Republic of the Philippines, Department of Finance in the privatization and restructuring of government-owned entities in 2006 to mid-2007.
Ray’s experience spans commercial, public sector and academic fields. He spent 22 years in investment banking, most recently as a Managing Director in Credit Suisse First Boston’s M&A and Distressed Finance Groups. Previously, he headed Lehman Brothers’ Restructuring Group and had prior experience in Lehman’s Oil and Gas and Project Finance Groups. His public sector experience includes work for the US Department of Energy during the 1977-1981 Energy Crisis, as an Engineer in Ecuador with the Instituto National de Electrificación installing power plants, and as a volunteer with the US Peace Corp. Ray’s academic experience includes faculty appointments in the Schools of Business Administration at Emory University and Temple University.
Ray holds a B.S. Degree in Mechanical Engineering from the University of Pennsylvania, an MBA from Temple University, and a Doctorate in Business Administration from Indiana University.