Avalon Equity Partners is a New York, 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

Mutual fund

A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...

 invested in media

Mass media

Mass media refers collectively to all media technologies which are intended to reach a large audience via mass communication. Broadcast media transmit their information electronically and comprise of television, film and radio, movies, CDs, DVDs and some other gadgets like cameras or video consoles...

, communications

Telecommunication

Telecommunication is the transmission of information over significant distances to communicate. In earlier times, telecommunications involved the use of visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags, and optical heliographs, or audio messages via coded...

 and information services industries.

Broadcasting

• Route 81 Radio

WAZL

WAZL

WAZL is an AM broadcasting radio station licensed to the city of Hazleton, Pennsylvania with service area extending to the Wilkes-Barre/Scranton radio market. The station broadcasts in an Oldies radio format. It broadcasts at a frequency of 1490 kHz with 1,000 Watts of power using a...

WCOJ

WCOJ

WCOJ is a 5,000 watt AM radio station licensed to Coatesville, Pennsylvania consisting of a 4 tower array broadcasting on 1420 kHz.WCOJ airs religious radio programming under the control of Philadelphia-based Holy Spirit Radio Foundation. The Holy Spirit Radio Foundation also owns WISP in...

WHYL

WHYL

WHYL is an Adult Standards music formatted radio station licensed to serve Carlisle, Pennsylvania, consisting of a 2 tower array broadcasting on 960 kHz. The call letters are the initials of Richard F. Lewis, Jr.'s wife, one of the station's former owners...

WZMF

WTRW

WCDL

WCDL

WCDL is an AM broadcasting radio station licensed to Carbondale, Pennsylvania. The station operates on a frequency of 1440 kHz with 5,000 Watts of power using a non-directional antenna during daytime hours only...

WENY

WENY-FM

WENY-FM signed on the air in the mid 1960s as a sister station to WENY.In the late 1970s, the station changed call letters to WLEZ, playing adult contemporary music...

WENI

WCBA

WCBA (AM)

WCBA is a radio station in the Elmira-Corning market of New York state. It broadcasts at 1000 watts day and night on 1350 kHz from studios in South Corning, NY. It is a sports talk station....

WGMM

WGMM

WGMM is a radio station licensed to serve Corning, New York, USA. The station is owned by WS Media and licensed to WS2K Radio LLC.It broadcasts a classic hits music format to the Elmira, New York, metropolitan area.-History:...

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, described below.

Avalon Media Investments focused on investing in media companies across the capital structure including private equity, secondary and new issue debt. Avalon Media Investments was formed through a unique relationship with a leading hedge fund which provided financial backing. Avalon Media Investments 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).