Ex-Aon Consulting pro moves to Layton Road Group
Firm’s growth accelerated with the opening of its Chicago office
Layton Road hires industry veteran Tony Lombardi
Ex-Aon consulting pro will head firm’s newly opened Chicago office
Capital introduction and capital services provider Layton Road Group has hired investment consultant veteran Tony Lombardi as a managing director, HFMWeek has learned.
In his new role, Lombardi will head the firm’s Chicago office where he will focus on connecting Midwest-based alternative investment managers and institutional investors.
He will also seek to broaden the uptake of Layton Road’s outsourced capital introduction solutions within the prime brokerage and custodial services industries.
Prior to joining Layton Road, Lombardi spent over five years as an associate partner at Aon Hewitt.
From 2012 to 2013, he was a VP at Wilshire Associates where he was responsible for operational due diligence and hedge fund managed accounts.
Ahead of that, he was an MD in BNY Mellon’s HedgeMark division. He also previously held roles at Rose & Sky Investments and $114bn Man Group.
Lombardi launched his career in prime brokerage at Bear Stearns.
“Tony’s years of experience and abundant industry relationships in the Midwest and West Coast puts him in an ideal position to deliver a better capital services offering to investors and managers alike,” said Layton Road founder Tom Mahala.
Layton Road, which launched in 2017, now has a seven-strong team based out of New York City, Dallas, San Francisco and Chicago.
The firm operates a hybrid business model whereby it offers capital advisory services directly to alternative investment managers whilst also providing outsourced capital introduction on behalf of prime brokers. BNP Paribas entered into an agreement to outsource its cap intro offering to Layton Road at the start of last year.
Midway through 2018 Layton Road hired Daniel Cohen from Cantor Fitzgerald to grow its business on the West Coast.
Layton Road is building its capital introductions team at the same time that some of the major prime brokers are slimming theirs. Credit Suisse and Deutsche Bank were among the banks that made cuts to their capital advisory teams in 2018.