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Colony Capital Exec Joins AssetAvenue

LOS ANGELES—Peer-to-peer lending platform AssetAvenue taps Varun Pathria to serve as the firm's chief investment officer.

By Kelsi Maree Borland | Updated on May 15, 2015

LOS ANGELES—Peer-to-peer lending platform AssetAvenue has hired Varun Pathria as chief investment officer. Pathria joins the firm from Colony Capital, where he served as SVP. Pathria will be based in the firm’s Los Angeles office.

According to Pathria, he found the position at AssetAvenue by chance. “I wasn’t really looking. I had a great 11 years at Colony; it was an incredible experience and all of the guys are great over there,” he tells GlobeSt.com. “Kevin Arrabaca [AssetAvenue president], who is a co-founder here, worked at Colony for many years. I have the upmost respect for him as an individual and as a brain. He has an incredible work ethic. We were catching up over lunch, and started talking about the company, and I thought it was pretty interesting. I’ve always had an entrepreneurial bug, and I do some angel investing. At the time, they were close to closing the series A, and that led into a bigger discussion with him about the company. Once they closed the series A, it was the perfect time to take it to the next level.”

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