Vataha previously served in the New York, N.Y., and Irvine, Calif., offices of FMV Opinions, Inc., and led FMV’s alternative asset manager valuation practice.
“Kyle’s expertise complements the strengths of our portfolio valuation group,” President Espen Robak said. “He brings Pluris substantial experience in valuing companies that manage hedge funds, private equity and venture capital funds, and funds of funds.”
Pluris’ clients, who already receive industry-leading portfolio valuation services, will now receive superior advice regarding the worth of their businesses. Firms that manage alternative investments often require valuations for corporate restructurings, granting of interests to new partners and estate planning.
In addition to heading the valuation of alternative asset management companies for Pluris, Vataha will open and manage an office in Newport Beach, Calif. The new office continues the firm’s West Coast expansion. Headquartered in New York City, Pluris opened an office in San Francisco in 2010.
“I was attracted to Pluris because of its reputation for innovation and thought leadership in the valuation community, its existing client base in the alternative asset management industry, and its unique secondary market transaction data,” Vataha said. “No other company has the quality of empirical data that Pluris has.”
Vataha earned his bachelor’s degree from Stanford University and has more than eight years of experience valuing businesses for transactions and to support income, estate and gift tax filings.
“The key to valuing alternative asset management firms is to understand the diverse and complex cash flow streams generated by their portfolios, and how those cash flows are allocated among a variety of interests, including capital interests, management fees,
carried interests, incentive fees, management fee waivers and various other derivatives,”
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Pluris Valuation Advisors LLC (www.pluris.com)
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