Fri, Aug 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Avalon Lake Partners spins out from WTP Advisors to focus on alternatives

Monday, September 10, 2012

amb
Lou Sala
Bailey McCann, Opalesque New York:

New York-based Avalon Lake Partners, is launching today after spinning out from New York- based tax advisory firm, WTP Advisors, where it served as the capital markets division. Led by industry veterans Lou Sala, Jay Goldstein, and Ilicia Silverman, Avalon Lake will focus solely on providing a broad set of advisory services to the alternative asset management industry, namely hedge funds, private equity and family offices.

Sala originally established Sala Associates in 2007, which provided business advisory services for alternative investment firms. WTP Advisors acquired Sala Associates in 2011, creating a capital markets division for the firm. Prior to Sala Associates, Lou managed Paloma Partners Management Company’s hedge fund incubation platform where he was responsible for manager selection, fund launch, and overall operational infrastructure. He also led several strategic initiatives, including the sale of its back and middle offices to JP Morgan to form JP Morgan Hedge Fund Services. He will now serve as managing partner and CEO for Avalon Lake Partners.

"After working with WTP Advisors for nearly the last two years, we decided that it made sense to refocus specifically on the business management aspects of alternatives," explains Sala in an interview with Opalesque. "I think the time has come for a firm that focuses specifically on these issues, given the rapidly changing business environment faci......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Kyria Capital Management bets on women hedge fund managers[more]

    Bailey McCann, Opalesque New York: As hedge fund assets top $3 trillion, and long/short strategies get more crowded than ever, with every manager hunting for even the tiniest bit of alpha, a new firm has emerged that claims its own edge – women. A recent Rothstein Kass study showed women-owned a

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  4. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  5. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by