DARIEN, Conn., May 10, 2017 /PRNewswire/ -- Following the launch of its first-to-market platform offering registered funds with defined payouts, Alaia Capital has recently expanded its management team. These senior executives bring extensive leadership experience spanning both structured and alternatives investments within the wealth management and institutional marketplace.
Steve Bodurtha joins Alaia Capital after having spent decades building and transforming the investment and wealth management businesses for both Merrill Lynch and Citibank. Steve is credited with having brought to market several ground-breaking investment solutions, and was also one of the earliest pioneers of the structured notes marketplace. Prior to Alaia, Steve led Citi Private Bank's investment business in North America. Steve spent several years with Merrill Lynch where he co-headed the Investments, Wealth Management and Insurance organizations, as well as the Retirement business.
Additionally, Steve Houston has joined the Alaia Capital team. Steve brings 28 years of industry experience having worked in both Wealth Management and Capital Markets/Derivatives businesses. Steve previously led the Americas Wealth Management division at Barclays. Prior to Barclays he co-headed Merrill Lynch's private client Structured Investments business along with the private client Alternative Investments business. Steve also spent several years in the derivatives sector working for Bankers Trust and PaineWebber.
Finally, Dan Yang became a member of the Alaia Capital team in the Fall of 2016. He has extensive experience in structured notes and derivative instruments, most recently at Goldman Sachs managing a strategy to build and expand the FX/Commodity notes franchise. Beforehand, Dan spent 15 years in roles working with institutions and wealth management at both Barclays and Morgan Stanley.
"The expanded Alaia Capital team is a strong testament to the vast market potential of our platform. We have assembled a top-tier group of veterans that have been at the forefront of the evolution of the index, ETF and structured investments businesses from their very inception. The team has essentially helped shape the industry as we know it," said Paul Koo, co-founder of Alaia Capital. "Our collective focus is leveraging our robust infrastructure to expand the user base."
ABOUT ALAIA CAPITAL
Alaia Capital is an independent financial services firm focused on innovative and alternative investment solutions delivered through fiduciary frameworks. Learn more at www.alaiacapital.com.
Securities offered through Beech Hill Securities, Inc., a registered broker-dealer, member FINRA/SIPC. Learn more at www.beechhillsecurities.com.
SOURCE Alaia Capital