Strategic new acquisition will lead to creation of Pavilion Alternatives Group

by Daniel Friedman, President & CEO of Pavilion Financial Corporation

We’re looking forward to welcoming a new, distinguished member into the Pavilion family, one that will further expand our company’s expertise and enhance our offerings.

In what will be our fifth strategic acquisition since 2010, we recently announced plans to acquire Altius Holdings Ltd., the parent company of Altius Associates Ltd. and Altius Associates (Singapore) Pte. Ltd.  (collectively Altius Associates).   The transaction is expected to close in Q3, subject to regulatory approval.

Altius Associates is a global private markets advisory and separate account management firm with offices in the UK, U.S., and Singapore.  At closing, Altius Associates will combine its operations with LP Capital Advisors (LPCA), our alternative asset advisory subsidiary headquartered in Sacramento.  This highly complementary combination will be rebranded as Pavilion Alternatives Group and will immediately create a larger global alternative asset class advisory platform with expanded depth and breadth of services across private equity, private credit, real assets and hedge funds.

I’m incredibly excited for what this means to our clients and future clients. Both Altius and LPCA share common values and a proven client-service approach.

This acquisition is all about finding the right fit within our employee-owned culture, and is consistent with our strategy of assembling various expert and specialized teams to bring top quality investment advisory services and solutions to enhance the client experience.

Pavilion Alternatives Group will be comprised of approximately 70 dedicated professionals located in London, UK; Singapore; and across offices in North America (Sacramento, Richmond, Boston, Salt Lake City and Montreal).

To read more on the acquisition, you can read our news release here where Donn Cox, President and Managing Director of LPCA, John Hess, London-based Executive Chairman and founder of Altius Associates, and Brad Young, co-CEO with Altius Associates in Richmond also offer their perspectives on the formation of Pavilion Alternatives Group.

Previous acquisitions