OUR TEAM
Investment Team
Richard MANFIELD
CEO/CIO
Richard Manfield, President and Founder, brings a wealth of financial services and technology expertise to MIG Funding.
At MIG Funding, Richard specializes in originating residential and commercial business purpose real estate loans in California.
Richard leverages over 35 years of successful Financial Services and Real Estate Industry expertise including over 25 years of experience in the Lending Industry. Richard and his team have originated more than 590 private money loans totaling over $150 Million in original balances.
These hard money loans and subsequent Trust Deed Investments are primarily based on equity in the property. Loans are secured by Deeds of Trust on real estate and are further secured by a promissory note and personal guarantee. Richard provides a win-win-win scenario with brokers, borrowers and investors and works closely with all parties to ensure a secure, fast and professional transaction. Richard always focuses on customer service and his clients can count on a strong commitment to the highest standards of compliance, origination, underwriting and servicing.
Richard has orchestrated hundreds of real estate transactions throughout his career on residential, multi-family and commercial properties. Whether the transaction involved a property sale, lease or a loan, Richard understands the needs of his clients and secures the best solution available. His unique approach to financing with private capital allows speed and flexibility that traditional banking environments cannot provide.
Richard launched his successful sales and marketing career with IBM and spearheaded many strategic software solution sales to large multi-national Banking clients including Citibank and Union Bank. After IBM, Richard enjoyed a successful career as a Commercial Real Estate Broker with the World’s largest Commercial Real Estate Firm, CBRE. CBRE sent Richard to Mexico City to facilitate a newly formed Joint Venture that aimed to take advantage of the new North American Free Trade Agreement (NAFTA). Richard used his fluent Spanish language skills, leadership, technical prowess and energy to negotiate large office lease and sale transactions in the Capital of Mexico.
For borrowers, Richard and MIG Funding have developed a variety of hard money loan programs that fit in the seams of conventional loans. Whether the borrower needs financing to fix and flip, fix and rent or supplement his/her business, Richard and his team provide a fast and professional loan.
On the Lender side, Richard manages a crowdfunding solution for real estate financing that brings together borrowers and lenders through a simple online interface. Richard’s goal is to solve the problem of inefficient, fragmented, and opaque real estate lending by using technology, data-driven processes, and expert human touch to create transparency and efficiently underwrite projects. MIG Funding fills the void in between slow, over-regulated banks, and hard money lenders that cannot supply timely or consistent sources of capital. The transparent, simple and efficient solution allows qualified investors to easily diversify their funds while giving borrowers reliable access to funds for rehabilitating properties in need.
The Trust Deeds sold on our platform earn exceptional rates of interest and can be either short or long term. Investors are provided with the Promissory Note, Deed of Trust and other documents to give them peace of mind that their investment is secure. All loans are serviced through a nationally recognized licensed, bonded and insured loan servicing company. Investors get their payments quickly with ACH deposits that go directly into an investor’s account.
Richard graduated from UCLA and earned a BA in Business Economics. Richard has Volunteered many years for the Hoag Classic Golf Tournament in Newport Beach which benefits Hoag Hospital. Richard enjoys golf, tennis, skiing, surfing, Mariners Church and time with his family including his wife Janet, daughter Madison and son Eli.
Bryan Green
Co-Portfolio Manager
Pat Chambers
Co-Portfolio Manager
Eric Chung
Senior Analyst
Bryan Porter
Co-Portfolio Manager
Bryan is a Co-Portfolio Manager. He joined MIG Funding in 2018 and is responsible for portfolio construction and fundamental investment research. Prior to joining the firm, Bryan spent four years as a hedge fund analyst, most recently as a Partner and Managing Director at Stillwater Investment Management, a global long/short equity fund founded by Scout Capital’s Adam Weiss. Earlier in his career, Bryan spent three years at The Carlyle Group in the $14B US Buyout fund and was an Analyst in the Investment Banking division at Goldman Sachs.
Bryan earned his B.S. in Accounting from the University of Southern California and his M.B.A. from Stanford Business School.
Pat Pierce
Co-Portfolio Manager
Pat is a Co-Portfolio Manager. He joined MIG Funding in 2022 and is responsible for portfolio construction and fundamental investment research. Prior to joining the firm, Pat was a Co-Portfolio Manager and an Analyst at Ruane Cunniff, the manager of the Sequoia Fund. Before that, Pat was a Senior Investment Associate at FPR Partners, a long-biased equity fund. Earlier in his career, Pat was an Analyst in the Investment Banking division at Lehman Brothers and Barclays Capital.
Pat earned his B.A. with honors in Government and in Economics from Bowdoin College and his M.B.A. from Columbia Business School.
Edwin Chung
Senior Analyst
Eric joined MIG Funding in 2005 and is responsible for fundamental investment research. Prior to joining the firm, Eric worked in the Corporate Finance practice of McKinsey & Company where he advised clients on strategic and operational issues. Prior to McKinsey, he worked in the New Ventures Group at the Walt Disney Company and the Investment Banking Department of Bear, Stearns & Co. Inc.
Eric earned his B.S., magna cum laude, in Economics from the Wharton School at the University of Pennsylvania and his M.B.A. from Harvard Business School.
OPERATIONS TEAM
Ryan Myers
COO/CCO
Josh Young
CFO
Tiana Pham
Office Manager
Ryan Tyler
COO/CCO
Ryan is responsible for all firm-wide operational and compliance matters. Ryan joined MIG Funding in 2019 as the Head of Trading and was responsible for trading strategy, vendor management, and portfolio analytics. Prior to joining the firm, Ryan was a Senior Trader at Ivory Capital, a global long/short equity fund based in Los Angeles. Prior to Ivory, he was a Sales Trader at Mako Global and BGC Partners focused on interest rate derivatives.
Ryan earned his B.A. in Economics from Harvard University.
Josh Lewis
CFO
Josh is responsible for all non-investment related functions including finance, accounting, trading operations, and investor relations. Josh joined MIG Funding in 2020 and most recently served as the VP of Finance and Operations. Prior to joining the firm, Josh was a Senior Associate at Deloitte UK LLP sitting within the Audit service line.
Josh earned his B.A. and M.B.A. from Swansea Business School at the University of Wales, Trinity Saint David.
Tiana Garo
Office Manager
Tiana joined MIG Funding in 2022 as an Office Manager and is responsible for overseeing and supporting all administrative duties, including accounts payable and is also responsible for supporting the research analysts. Prior to joining the firm, Tiana worked at Pathway Capital Management as an Office Administrative Assistant. During her time at Pathway she performed routine clerical, organizational and administrative tasks.