Fred Davis is setting up his own boutique investment bank -- Arista Advisors, which opened for business on April 1st and will focus on digital media, music and technology.
Davis, whose father Clive is one of the legends of the music business, is a proven dealmaker in his own right, having working as an investment banker for the last three years with clients like Spotify, Shazam, Supercell and Buddy Media, among others. He has worked on some precedent-setting content rights deals in the digital space with YouTube and MySpace, among others.
Arista Advisors, named for his father’s hugely successful label, will announce Spotify as one its first clients. It will have offices in both New York and London.
In 2010, Davis co-founded CODE Advisors, with former CBS digital chief Quincy Smith and Michael Marquez. CODE is a boutique bank with offices in San Francisco and New York that has worked on numerous deals and clients including Twitter’s IPO, CBS and Comcast among others.
Before working with CODE, Davis founded a music law firm Davis Shapiro and prior to that he was an executive vice president at EMI.
As the investment banking industry recovers from the fall out of the financial crisis five years ago several big name dealmakers have started up smaller nimbler boutique operations to deal with small to midsize deals particularly in the technology startup space. This is the space in which Arista is likely to operate with a focus on later stage growth capital raises and M&A.