Madison Street Capital has named Lawrence Alioto as his new managing director. From this position, Alioto will have the responsibility of advising clients in the technology sector on M&A and corporate finance transactions. In a recent interview, Charles Botchway, CEO of Madison Street Capital said that since the technology business is becoming more and more pervasive there has been an increasing demand from companies in that sector and that’s the reason why they picked Alioto for the position of managing director. This is even a bigger news since Madison Street Capital is looking to settle in Austin, Texas.
Alioto has an impressive resume. He started his career in the Chicago Mercantile Exchange as a currency futures and options trader. Later on, he started working as a registered representative at PaineWebber located in San Francisco. In the 1990s, Alioto decided to change his career path and moved into private equity finance and business development with two different technology companies located in California. Almost 15 years passed for him to work at VeriTainer Corporation, a well-known developer of anti-terror maritime container radiation scanning systems. In just a few years, Alioto was part of the founding principles and member of Company’s President.
Since 2013, Alioto has expanded his knowledge to other areas such as medical devices, energy efficient technologies, and even film production. Nowadays, he is a member of the Board of Directors and is an active piece in the management of Kaizen Oil Corp. Without any doubt, Alioto brings an immense knowledge about finance, business development, corporate development, and government development to Madison Street Capital. The future looks bright for this company in the hands of Alioto.
Madison Street Capital is an international investment banking firm that is committed to delivering corporate financial advisory services to publicly and privately held business. Since its creation, this investment firm has done its work with the utmost integrity and excellence. The services that Madison Street Capital offers have made their clients grown on a worldwide level since they take their commitment very seriously.
Their impact has been so important that in 2015 a total of 42 hedge fund deals were closed, this exceeded the 32 transactions that were made in 2014. Moreover, 2015 transaction volume was 27% higher than in 2014; this was propelled by the number of transactions made in the fourth quarter of 2015.
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Karl D’Cunha, Senior Managing Director at Madison Street Capital, has stated that their ideal environments for hedge funds transactions was strong in 2015 but it will even be stronger in 2016. Furthermore, D’Cunha also said that aside from M&A, there are other transactions being structured as seed or incubator deals. Still, this fragmented hedge fund industry will continue to see consolidation and most especially the in opportunistic partnerships that bridge distribution to the product offering.