Elizabeth Avery

Founder/Managing Director

Ms. Avery has 25 years experience in private markets as an attorney, consultant and investment banker. Special expertise as: (i) private markets placement agent focused on capital raises for environmental and real estate funds and (ii) strategic adviser on complex transactions for financial institutions ranging from structuring asset/mortgage-backed securitizations for smaller issuers to serving as liquidator for banks in receivership.

Firm’s History: In 2000, Kalorama Capital was founded as an SEC licensed investment banking boutique focused on alternative investment.  The Firm has undertaken capital raises in Europe and the US for both non-sectoral and niche funds. As many fund clients have been new entrants to the US markets or first-time institutional funds, Kalorama Capital has excelled in building relationships with not only well-known institutional investors but those not easily identified in larger, more mature fund offerings.

International Reach: Clients have ranged from the US as well as Europe and the Pacific Rim seeking strategic advice on structuring, branding and accessing the capital markets to execute timely closings.  Ms. Avery has also successfully undertaken cross-border private equity capital raises across three continents.

Foreign Missions and Presentations: Official US delegate to the Republic of South Africa 1993-1995; Guest Speaker in South America and Russia. Invited as presenter for select private meetings with Vice-President Gore and South African President Mbeki.

Educational Background/Licensure: Juris Doctor degree from Georgetown University Law Center; Honors Graduate in Government from Sweet Briar College in Virginia. Securities Licenses: Series 7, 24, 63, 79. Member of the District of Columbia Bar.

Dr. Eliot R. Kalter

Latin America/Sovereign Funds Expert

Background: 30+ yrs Emerging Markets, IMF: Assistant Director, Capital Markets & Western Hemisphere Departments      

 Domestic and International Experience: Successfully effected substantial closings in difficult markets ØGPs include: HarbourVest Partners, Adams Street Partners, Prudential Global Investment Management (PGIM) Real Estate, P2 Capital, and ACON Investments. Ø

Co-head of SovereigNet: The Fletcher Network of Sovereign Wealth Funds and Global Capital Markets.

In-depth relationships with Sovereign  Wealth Funds (SWFs)

Represented Goldman Sachs and US Department of Justice as Expert Witness in SWF-related issues

Guest Speaker at multiple global and domestic conferences

Expert on institutional investor asset allocation issues

Securities Licensure: Series 79 and 63 

Education:  PhD. University of Pennsylvania, MSc. London School of Economics