Aldus Alums Form LEA Advisors
A trio of former Aldus Equity executives, including firm co-founder Marcellus Taylor, have formed a new Dallas-based firm called LEA Advisors. None of the principals are talking yet, but word is that the firm will be a fund-of-funds and co-investment platform focused on emerging managers. Kind of a catch-22 strategy. On the one hand, there is an abundance of emerging managers trying to raise first-time funds (as Erin noted here), which means LEA would have great "dealflow." On the other hand, however, LEA itself is an emerging manager, which means it could have serious difficulty getting its cash together.
21 January 2009•1 min read
