New York (HedgeCo.net) – Pluris Valuation Advisors LLC today announced that Kyle B. Vataha of Newport Beach, Calif., a nationally recognized expert in valuing alternative asset management firms, has joined the firm as Vice President.
Vataha, who will open an office in Newport Beach, Calif., previously served in the New York, N.Y., and Irvine, Calif., offices of FMV Opinions, Inc., and led FMV’s practice for valuing alternative asset management firms.
“Kyle’s expertise complements the strengths of our portfolio valuation group,” President Espen Robak said. “He brings Pluris substantial experience in valuing companies that manage hedge funds, private equity and venture capital funds, and funds of funds.”
Pluris’ clients, who already receive industry-leading portfolio valuation services, will now receive superior advice regarding the worth of their businesses. Firms that manage alternative investments often require valuations for corporate restructurings, granting of interests to new partners and estate planning.
In addition to heading the valuation of alternative asset management companies for Pluris, Vataha will open and manage an office in Newport Beach, Calif. The new office continues the firm’s West Coast expansion. Headquartered in New York City, Pluris opened an office in San Francisco in 2010.
“The key to valuing hedge funds and other alternative asset management firms is to understand the diverse and complex cash flow streams generated by their portfolios, and how those cash flows are allocated among a variety of interests, including capital interests, management fees, carried interests, incentive fees, management fee waivers and various other derivatives,” according to Robak. “As his past and current clients have experienced over many years now, Kyle just gets it.”
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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