Friday 10 October 2008

Sciens Completes Atlas Acquisition

Sciens Capital Management has completed the purchase of the institutional investment management business of Atlas Capital Associates (Atlas). Sciens has purchased 100% of Atlas Capital Limited, Sigma Asset Management (Guernsey) Limited, Atlas Capital Tokyo and Axis Capital Management (Bahamas) Ltd.

The combination has created an international investment management organization with approximately US$4.5 billion under management and advisory mandates. It brings into a single investment and marketing platform the Sciens diversified funds of hedge funds and the Atlas thematic offering such as the Alternative Income Fund and the Dynamic Trading Fund among others. Sciens also manages the Sciens Special Situation Master hedge fund and private equity, real estate and aviation funds.

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