Managing Partner – Onyx Asset Advisors, LLC

Having founded Onyx Asset Advisors, LLC in 2016, Mr. Otus oversees the overall operations of the firm. His responsibilities include negotiating, structuring and implementing investments and strategies to monetize underperforming and excess assets across a broad spectrum of industries. He has over 29 years of expertise in the advisory, monetization and valuation industry.

History

Gordon Brothers Group

Senior Managing Director (Jan. 2013 – Mar. 2016)
Responsible for originating and evaluating opportunities for Gordon Brother’s Commercial & Industrial, Retail, Real Estate and Valuation practice groups. Worked directly with clients in developing and implementing strategies to monetize underperforming and excess assets across a broad spectrum of industries.

Emerald Technology Valuations, LLC

Founder and President (Aug. 1997 – Dec. 2012)
Responsible for the day-to-day management of one of the industry’s most respected technology valuation and disposition firms. Oversaw and reviewed all projects as well as being responsible for all sales and marketing campaigns. Additional duties included project coordination, contract negotiations and strategic alliance formation.

Dovetech, Inc.

President (Aug. 1990 – Jul. 1997)
Served as President of Dovetech, Inc. (currently known as GoIndustry-DoveBid Valuations Services) overseeing the day-to-day management of the company. Previous positions held at Dovetech, Inc. included Director of Valuation Services and Senior Appraiser.

Affiliations & Certifications

Senior Member Designation—American Society of Appraisers
Appraisal Foundation—Uniform Standards of Professional Appraisal Practice (USPAP)
Turnaround Management Association San Francisco Chapter – Executive Board Member

Education

University of San Francisco—Bachelors of Science, Finance

Formal Presentations

2018 American Bankruptcy Institute – SW Conference – “Winding Down Companies When Bankruptcy is Not an Options”

2015 American Society of Appraisers – International Conference “Semiconductor Equipment Liquidation: A Case Study”

2015 Turnaround Management Association – NorCal Chapter “Strategies – Maximizing Value in Distressed Companies”

2014 Turnaround Management Association – National Conference – “Pitch Perfect: A Mock Pitch Event”

2014 Turnaround Management Association – NorCal Chapter “Valuation, Financing, Restructuring & Liquidation in the Current Volatile Economy?”

2011 Commercial Finance Association & Turnaround Management Association – NorCal Chapters “Valuation, Financing, Restructuring & Liquidation in the Current Volatile Economy?”

2006 Commercial Finance Conference of California “Do You Really Know What Your Collateral is Worth?”

2004 Commercial Finance Conference of California – Orange County Chapter “What Is Hot and What Is Not”

2002 American Society of Appraisers—International Conference “Appraising PCB Manufacturing Equipment”

2001 Association of Insolvency & Restructuring Advisors “Use of the Internet”

1998 Commercial Finance Conference of California “Advanced Principles—Asset Based Lending”

1997 American Society of Appraisers—International Conference “Effects of Auctions on the MTS Marketplace”

1996 Commercial Finance Association—National Convention “Minimizing High Tech Collateral Risk”

1995 Commercial Finance Association—New England Chapter “Inventory Valuations—Market Trends”