LOS ANGELES--(BUSINESS WIRE)--Lido Advisors, LLC, (www.lidoadvisors.com) a full-service, independent, registered investment advisory firm, announced Andrew Parmet has joined the firm as Senior Vice President, Senior Portfolio Manager, Investment and Analytics. He will serve on the firm’s Investment Committee.
Parmet comes to Lido Advisors with 27 years of experience, including expertise in alternative assets, hedge funds, public equities, Asian developed and emerging markets, risk control, and portfolio management. In his new role, he will create, evaluate, and source liquid and illiquid alternative investments for the firm.
Before joining Lido Advisors, Parmet managed the global long-short hedge fund business Ausonian Management Ltd., which he founded in 2017. Prior to that he spent 13 years at Viking Global Investors, where he managed the Asian trading desk for the firm’s $30-billion global equity long/short and long-only strategies, including 4 years with Viking Global Hong Kong. His earlier associations include Asia focused institutional securities firms Indosuez W.I. Carr and Jardine Fleming.
“I am enthusiastic about delivering industry leading alternative investment opportunities to Lido’s clients,” says Parmet.
“Andrew brings years of institutional trading and portfolio management to the team. His experience as a hedge fund manager and trader bring a fresh perspective to the investment team,” says Jeff Garden, CFA, Chief Investment Officer of Lido Advisors, LLC. “We are excited to have him and believe our clients will benefit greatly from his knowledge, experience, and in depth understanding of the markets.”
A cum laude graduate of Harvard University, Parmet holds an A.B. degree in History and East Asian Studies.
About Lido Advisors, LLC:
Lido Advisors is a nationally recognized wealth advisory firm headquartered in Los Angeles, California, with offices throughout the United States. It executes comprehensive investment and wealth strategies designed to grow, protect, and maximize its clients' legacies. Lido Advisors’ focus on an elegant and effective client experience exemplifies its commitment to excellence.
With innovation and integrity, Lido Advisors will continue to work to grow and expand into the nationally recognized leader providing investment and wealth strategies for select institutions and families. The firm aims to grow, protect and maximize clients’ legacies through the pursuit of far-reaching wealth, investment, tax, and estate planning and management.