New York City-based Saluda Grade, an alternative investment firm with a concentration in asset-based finance, announced Thursday that Patrick Lo is joining the company as its co-chief investment officer.

Lo has more than 20 years of experience in alternative credit and asset-based investing. He will work with Timothy Carr in the newly created co-CIO role to oversee Saluda Grade‘s investment process and lead its expansion into a larger set of financing capabilities beyond its current focus in residential and commercial real estate.

Lo comes to Saluda Grade after a stint as co-CIO at Waterfall Asset Management, where he served details ⇒

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