Avalon Equity Partners is a New York-based investment group that invested in media, communications and information services industries. In 1999, it formed its first fund from private individuals and the Small Business Administration and in 2006 it formed an exclusive partnership with a leading hedge fund to provide its financial backing. Established in 1999, the first fund invested in media, communications and information services industries. Fund portfolio subsidiaries Broadcasting Route 81 Radio WAZL WCOJ WHYL WZMF WTRW WCDL WCBF WENI WCBA WGMM Cable TV Rocky Mountain Cable US Cable Uvision Willamette Broadband Services Smart City Insight Training Solutions Financial history Avalon Equity Partners focused on buyouts and investments in both public and private media, communication and business services companies through two investment companies, Avalon Media Investments and an SBIC Fund. Avalon Media Investments focused on investing in media companies across the capital structure including private equity, secondary and new issue debt. It was formed through a unique relationship with a leading hedge fund which provided financial backing. It also evaluated certain opportunities on behalf of the hedge fund and its investors. The SBIC Fund focused on investing in smaller privately held media companies primarily in the broadcasting space. It was licensed by the Small Business Administration (SBA). References Financial services companies established in 1999 Investment management companies of the United States 1999 establishments in New York (state)