New Avalon Lake Partners to Serve Startup Alternative Asset Managers

Lou Sala, Avalon Lake Partners

In January 2011, tax and business advisory firm WTP Advisors announced it would acquire Sala Associates, an operations consultancy for startup hedge funds, headed by Lou Sala. Less than two years later, the two firms are parting ways, and Sala's new venture will be called Avalon Lake Partners and will cater to alternative asset managers.

Sala tells Buy-Side Technology the two firms maintain a very good relationship, but that he wanted to focus solely on what he has done for most of his career—he

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