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New Age Capital Secures the Bag with $25M Fund I
Talks about New Age Capital, venture capital and seed stage investment
IA
Ivan Alo
Managing Partner at New Age Capital
Brooklyn, New York
Overview
Ivan Alo is the Managing Partner at New Age Capital in Brooklyn, New York, with a background in financial modeling, analysis, and investments. He has successfully invested in companies like Glass | Government Ecosystems and PredictionStrike, focusing on sectors such as BioTech, Web3/Crypto, and FinTech.
With a Bachelor of Science from Boston College and experience at Lightspeed Venture Partners and TIAA-CREF, Ivan Alo has honed his skills in due diligence and commercial real estate investing, positioning himself as a key player in the investment landscape.
Work Experience
Co-Founder/Managing Partner
2016 - Current
New Age Capital, founded in 2016 by Ivan Alo and LaDante McMillon, is a thesis-driven seed stage venture capital firm that invests in tech and tech-enabled startups founded and led by Black and Latino entrepreneurs. “Our mission and vision is to create and support a world where people of all races, ethnicities, cultures, lifestyles and environments are exposed to new ideas, democratized information and boundless opportunities through the use of technology.”
Scout Ambassador
2020 - 2022
Investment Scout
2018 - 2020
Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets.
Business Development & Strategy
2018 - 2020
We’re empowering the global real estate industry to build and operate a better future. CNERGY is a modern, end-to-end transaction management platform designed specifically for commercial real estate Acquisitions, Sales, Financings, and Developments. www.getcnergy.com
Cnergy provides a transaction management platform designed for commercial real estate.
Analyst, Domestic Portfolio Management, Global Real Estate
2013 - 2017
-Primarily involved in the portfolio management of an $8 billion+ U.S. commercial real estate fund with 95 assets. -Assisted in the development and implementation of the 2014 and 2015 business plans inclusive of acquisitions, asset management, dispositions and performance goals for the account along with the Portfolio Management team. -Created bi-weekly, monthly, quarterly, semi-annual, and annual reports and presentations detailing real estate investment decisions and overall portfolio performance metrics through financial and qualitative analysis. -Assisted the Portfolio Management, Acquisitions and Dispositions teams in thorough investment and sensitivity analysis of potential real estate purchases or sales; specifically, $1.2 billion of total transaction activity completed in 2014 and $1.8 billion in 2015. -Assisted the Portfolio Management team in collaborating with Asset Management to make investment decisions regarding leasing, property management and capital projects. -Consistently attended commercial real estate conferences, seminars and networking events.
Analyst
2013 - 2013
-Responsible for preparing detailed financial models for: the analysis of investment opportunities, underwriting of commercial real estate loans, and corporate restructurings across real estate asset classes and geographies. -Responsible for conducting due diligence throughout deal process. -Drafting of investment memorandum and presentations. -Researching market, sector and firm information to assist in deal sourcing.
Chesterfield Faring is an investment firm that offers merchant, investment banking, advisers, and direct lending services.
Student Employee
2009 - 2012
-Assist Admission Directors with all administrative tasks -Create databases for undergraduate and transfer applicants during Admission Process -Provide assistance to current students and visitors with inquiries about Boston College Admission
Tour Guide and Panelist
2010 - 2010
-Completed intensive training about the history, academics, and resources of Boston College -Managed tours and panels for all guests visiting Boston College -Created booklets detailing aspects of academic and social life at Boston College alongside colleagues
Investment Analyst Intern
2011 - 2011
-Analyzed specific mutual funds, interpreted industry trends and examined market sector activity for the third quarter in order to provide information and analysis. -Assisted in creating pre-meeting materials for manager's quarterly meetings with portfolio managers and investment boards. -Attended investment analyst weekly meetings at which the performance of various John Hancock investment products and the state of the economy were discussed. -Monitored fund performance for the fourth quarter and reported observations to manager.
John Hancock Financial Network Intern
2011 - 2011
-Processed Weekly and Monthly Sales and Commission Reports for financial professionals and advisors. -Recorded and updated all costs and expenses associated with business operations for JHFN’s IT department from Fall 2010 through August 2011 and assisted in the development of the 2012 JHFN IT department budget. -Researched and presented market information and possible mobile strategy for JHFN’s Mobile Development Platform. -Attended career development panels and presented an overview of my role and department to peers and managers. -Mentored high school intern.
John Hancock Life Insurance Company offers life financial insight insurance with secure policy values and paperless delivery.
Intern
2009 - 2009
-Conducted case analyses with Class Actions and Corporate Actions teams and managed databases -Mentored high school intern and assisted with a series of class actions projects -Presented an analysis of Corporate Actions and Class Actions to peers and managers -Networked with professionals, senior management and all other interns -Attended a series of employee development seminars
Morgan Stanley Venture Partners is a private equity firm that invests in high-growth companies in the technology and healthcare industries.
Intern
2008 - 2008
-Assisted manager on class actions case analyses -Assisted class actions team with database clean-up projects -Updated client information on a series of directories -Presented analysis of the Class Actions group to peers and managers -Developed professionalism necessary for business environment
Morgan Stanley Venture Partners is a private equity firm that invests in high-growth companies in the technology and healthcare industries.