Marshall Phelps joined MidOcean in 2022, and focuses on investments in the Business Services sector. Marshall has 16+ years of experience providing strategic advice to public and private companies, private equity funds, and entrepreneurs regarding critical M&A and corporate finance transactions, as well as long-term growth strategies, market trends, and competitive positioning. Prior to joining MidOcean, Marshall was a Managing Director and senior member of the Telecommunications, Media & Entertainment group at Lazard. At Lazard, he was a leading advisor to clients across the business services spectrum, with particular expertise advising global digital media, tech-enabled services, entertainment, and related technology companies. Prior to joining Lazard, Mr. Phelps practiced law in the private equity group at O’Melveny & Myers LLP, a leading international law firm. In 2016, he was recognized as a “40 Under 40 Dealmaker” by The M&A Advisor.


  • Colgate University, B.A.
  • Fordham University School of Law, J.D.

Current and Prior MidOcean Boards

Marshall Phelps
Managing Director, Business Services

Sector Focus