Established in 1997, Private Advisors, LLC is an independent alternative investment management firm. Based in Richmond, Va., the firm provides investors with expertise in fundamental credit, equity and opportunistic hedge fund strategies. It also offers North American small companies private equity investment services. Private Advisors, LLC has a vast investor base, which includes institutional (corporate, pension/retirement and foundation/endowment) and high net-worth investors in the United States and abroad. In 2001, the firm launched its Small Company Buyout investment capability for lower middle market partnerships in North America.