Pavilion Financial has closed its acquisition of Altius Holdings, the parent company of Altius Associates, a private markets advisory and separate account management firm with offices in the UK, US and Singapore. 

Pavilion has also established Pavilion Alternatives Group, a combination of the operations of Altius Associates and LP Capital Advisors (LPCA), the alternative asset advisory subsidiary of Pavilion headquartered in Sacramento, California. 
 
The rebranding for both organisations 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,” says Donn Cox (pictured), president and managing director. 
 
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.   
 
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.