Thursday, 26 November 2015
Last updated 7 hours 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…