December 2014

LONDON/NEW YORK - First Avenue, a leading global private placement agent and investment advisory firm, announced today the addition of three investment professionals to their New York based team. Brian Price, Justin Mallis and Chip Welsh recently joined the firm's New York office.

"With these hires, First Avenue continues to strengthen its North American presence and capabilities. We are pleased to welcome Brian, Justin and Chip to the firm," said Phil Pool, Co-Chairman. "We expect all three to have a material impact on our sales and global project management teams," added Mike Ireland, New York based Partner and Co-Head of US Sales. "This is an exciting time for First Avenue as we have a strong pipeline of new opportunities. I look forward to working closely with them."

Mr. Price joins the team as a Director covering distribution in the Midwest and Southeast United States. He was previously with Highland Capital Management, a global alternative credit manager. Mr. Mallis joins the team as a Director to focus on project management across all product lines. He was previously with Cliffwater LLC, an alternative investment consulting firm. Mr. Welsh joins the team as a Vice President to focus on sales distribution in the Northeast United States. He was previously with Epoch Investment Partners, a global equity manager.

"All three hires represent our continued commitment to deliver high quality distribution and project management to our clients. Justin's consultant background was particularly attractive for us in project management where strong underwriting and due diligence form the backbone of everything we do," commented Tavneet Bakshi, Partner and Head of Project Management.