Tuesday, 21 October 2014
Last updated 4 min ago
Jul 9 2008 | 11:43am ET
New York-based Sciens Capital Management is buying the institutional investment management business of Atlas Capital Associates, which manages funds of funds that focus on one strategy or theme.
The deal will create an international investment management business with some US$4.8 billion under management and advisory mandates. Atlas' wealth management business, including Deltec Bank & Trust, a wholly-owned private bank in the Bahamas, is not part of the deal and will continue to operate without change.
”Sciens has a presence in the U.S. and manages broadly diversified funds of funds while Atlas is based in London and Guernsey,” said Sciens CEO John Rigas. “The capability to offer both will allow the combined entity to provide unique solutions to our institutional clients.”
Sciens Capital Management manages private equity, venture capital, real estate, aviation assets and funds of hedge funds assets institutional investors.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...