Friday, 19 September 2014
Last updated 14 hours ago
Jan 29 2014 | 10:40am ET
Former Barclays CEO Robert Diamond's new venture is launching a private-equity business.
Atlas Merchant Capital, set up by Diamond last year, has hired J.C. Flowers & Co.'s David Schamis as a founding partner to lead the effort. Schamis called the opportunity "too compelling to pass up."
"Bob is one of the world's most accomplished bankers and his track record in building and selling Barclays Global Investors and in buying Lehman during the financial crisis—two of Barclays' most successful transactions ever—is legendary," Schamis said.
Diamond was forced out of Barclays in 2012 amidst the rate-rigging scandal at the bank. Late last year, Atlas teamed with Ugandan billionaire Ashish Thakkar to launch a vehicle investing in African banks.
Schamis had been with J.C. Flowers since 2000.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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