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Fifth Street Capital opens Los Angeles office16/01/2007. Source: AltAssets. 
New York-based mid-market private investment firm Fifth Street Capital has opened an office in Los Angeles and appointed Juan E Alva as head of the Western Region. Alva will be building upon Fifth Street's existing efforts in the Western Region and will focus primarily on deal originations. Prior to Fifth Street, Alva was a senior investment banker at Trinity Capital, where he focused on small-cap transactions. Earlier in his career, he worked at Goldman, Sachs & Co. in its investment banking division, focusing on M&A and corporate financing transactions. Alva has also been the CFO of a software company funded by Cisco Systems.
Leonard Tannenbaum, managing partner of Fifth Street, said, 'Juan has been a great business partner and friend for the past 15 years. Southern California has been an important and growing market for Fifth Street, and we are excited to formally establish a presence in Los Angeles. We look forward to continued growth in the West with the addition of Juan.'
Fifth Street provides capital to support expansions, acquisitions, management buy-outs, and recapitalisations.
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