LONDON, United Kingdom and SACRAMENTO, California, September 7, 2016
Pavilion Alternatives group formed by the combination of Altius Associates and LP Capital Advisors; Acquisition enhances Pavilion’s positioning in global institutional alternative asset advisory business
Pavilion Financial Corporation (Pavilion), a North American based employee-owned, investment services firm, today announced the closing of the acquisition of Altius Holdings Ltd., the parent company of Altius Associates Ltd. and Altius Associates (Singapore) Pte. Ltd. (Altius Associates). Altius Associates is a global private markets advisory and separate account management firm with offices in the UK, U.S. and Singapore.
Pavilion also announced the establishment of Pavilion Alternatives Group™ which represents the combined operations of Altius Associates and LP Capital Advisors, LLC (LPCA), the alternative asset advisory subsidiary of Pavilion headquartered in Sacramento, California. The rebranding for both organizations is effective immediately.
“Pavilion Alternatives Group will proudly carry forward the shared vision of its two founding firms to provide institutional clients with objective, thoughtful and well-researched advice on alternative assets, within a culture that is entrepreneurial, client-focused and attuned to our clients’ fiduciary obligations,” said Donn Cox, President and Managing Director.
Mr. Cox, former President and Managing Director of LPCA, will lead the Pavilion Alternatives Group team which includes former Altius Associates founder John Hess in the role of Head of Global Strategic Initiatives and former Altius Associates co-CEOs, Jenny Fenton and Brad Young in the roles of Chief Operating & Risk Officer, and Managing Director & Head of Private Markets Advisory, respectively.
Key facts about Pavilion Alternatives Group
– Over $60 billion of assets and $130 billion of committed capital under advisement;
– Expertise across private equity, private credit, real assets and hedge funds;
– Over 70 professionals across seven offices in Europe, Asia and North America;
– Recommended over $68 billion in client commitments across private market strategies;
– Provides customized risk management services to institutional clients and portfolios totaling nearly 1,000 investments; and
– Annually screens over 1,500 opportunities and holds approximately 500 meetings with managers.
As part of the transaction, Altius Associates senior management and several additional employees will join their LPCA colleagues as shareholders of Pavilion, an employee owned firm.
Through a combination of acquisitions and recruitment, Pavilion has been executing its strategy of assembling various expert and specialized teams to bring top quality investment advisory services and solutions to clients. This is Pavilion’s fifth transaction since 2010.
About Pavilion Financial Corporation
Founded in 2006, Pavilion Financial Corporation is an employee-owned investment services firm offering advice and execution services to institutional and other investors. It has grown organically and through acquisition and strategic recruitment of well-regarded generalist and specialist teams. Through its subsidiaries, Pavilion offers a comprehensive suite of integrated services such as investment consulting, implemented consulting, transition management, securities trading, research and wealth management.
