Saturday, 18 April 2015
Last updated 16 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…