LODAS Markets Hires Altigo Founder Mat Dellorso and Phoenix American Veteran Tony Olivo

The secondary-market and transfer-agent firm is adding senior hires for both businesses after brokering an auction of Harrison Street Real Estate Fund shares.

November 13, 2026

LODAS Markets has hired Mat Dellorso as managing director and Tony Olivo as executive vice president, fund solutions, the firm said Nov. 10. Both will report to founder and CEO Brian King.

Dellorso will focus on the LODAS secondary marketplace and on bringing more investors, financial advisors and fund managers onto it. He co-founded WealthForge in 2009 and in 2019 founded Altigo, an alternative-investment technology platform, inside WealthForge. SEI acquired Altigo in 2023, and Dellorso has spent the past three years as a managing director at SEI.

Olivo will focus on growing the firm's transfer agent business and helping develop a fund administration offering. He spent nearly 15 years at Phoenix American, where his roles included vice president of sales and director of business development, and also held leadership roles at PEF Services.

LODAS runs its secondary market and transfer agent platforms through SEC-registered units LODAS Securities and LODAS Transfer. King said Dellorso and Olivo have built businesses and understand the problems fund sponsors and investors face, and that they join a team whose technology is built to connect the alternative investment lifecycle, from fundraising and investor servicing to liquidity. He said their arrival positions the firm to offer that combination to more clients.

The appointments follow LODAS's recently completed interval fund auction of Harrison Street Real Estate Fund shares, run with Nasdaq Fund Secondaries and Harrison Street Private Wealth. LODAS said the auction sold 91% of the shares offered, giving shareholders liquidity outside the fund's scheduled repurchase windows without the fund having to sell underlying assets. LODAS acted as broker and supplied trading, clearing and settlement technology along with access to its investor network.

In his statement, Dellorso called liquidity one of the biggest and longest-standing challenges in alternative investments and cited the Harrison Street auction as an example of what is possible when fund managers support additional liquidity options for their shareholders.