LODAS Markets Welcomes Mat Dellorso and Tony Olivo for Strategic Growth
LODAS Markets has recently announced the hiring of industry leaders Mat Dellorso and Tony Olivo, signifying a crucial step forward in the company’s mission to transform alternative investments. This move is aimed at expanding the company’s secondary marketplace and enhancing its fund services offerings.
Elevating the Secondary Marketplace
Mat Dellorso steps into the role of Managing Director at LODAS, where he will spearhead efforts to grow the company’s innovative secondary marketplace. With a strong background in alternative investment technology, Dellorso previously co-founded WealthForge in 2009 and later established Altigo—a platform aimed at enhancing alternative investments—which was acquired by SEI in 2023. His extensive experience will be invaluable in driving LODAS’s strategy and fostering greater participation from investors, financial advisors, and fund managers.
Ubderstanding the dynamics of both investors and investment providers, Dellorso aims to create synergies that encourage active participation in the LODAS secondary market. He has also articulated the challenges of liquidity that have historically plagued alternative investments and emphasized the potential of LODAS’s technology to address these issues effectively.
Driving Fund Administration Forward
Tony Olivo joins the LODAS team as Executive Vice President of Fund Solutions, where he will focus on expanding the firm’s transfer agent business and developing its fund administration services. With nearly 15 years of diverse experience in transfer agency and fund administration from his tenure at Phoenix American and PEF Services, Olivo is set to apply his insight to bolster LODAS’s offerings.
His record in operations, client service, and business development will provide an essential foundation for growing LODAS’s transfer agent capabilities. Olivo’s firsthand understanding of both retail and institutional alternative investments will further enrich the company’s approach to serving fund sponsors and their investors.
Why This Matters
The collaboration between Dellorso and Olivo embodies a strategic layer of expertise that LODAS Markets aims to leverage for its growth trajectory. Their combined experience uniquely positions LODAS to navigate challenges within the alternative investment landscape effectively.
Brian King, Founder and CEO of LODAS, remarked on the significance of these appointments, noting that both Dellorso and Olivo understand the intricacies faced by investors and fund sponsors. Their contributions will be vital to enhancing LODAS's comprehensive suite of solutions designed to streamline the alternative investment process from fundraising to liquidity management.
Innovative Successes Ahead
This strategic enhancement comes on the heels of LODAS’s recent completion of a groundbreaking interval fund auction, showcasing the company's ability to deliver liquidity solutions within the alternative investment space. Working alongside Nasdaq Fund Secondaries and Harrison Street Private Wealth, the auction demonstrated LODAS’s commitment to providing innovative trading, clearing, and settlement technologies that support more liquidity options beyond traditional fund structure windows.
With the infusion of expertise brought by Dellorso and Olivo, LODAS Markets aims to solidify its role as a leading player in the alternative investments sector. As the company continues to push the envelope on technological solutions and marketplace participation, investors and fund managers can look forward to an enriched platform that not only addresses current challenges but also opens doors for future growth in the alternative investment landscape.
For more details, find out more at
lodasmarkets.com.