Larry Tabb is to take a step back from running his eponymous capital markets research and consultancy house – which has received outside capital for the first time from an investment group committed to aggressively growing the business.

New York-based Tabb Group, founded in 2003 by former Lehman Brothers executive Tabb, has received equity growth capital from a group comprised of its existing executive management team and Jim Brown, managing director of private equity firm Long Ridge Equity Partners.