Management at fund of hedge funds Atlas Capital, are to buy the company in a $100 million-plus deal which will see the London-based operatio...

Management at fund of hedge funds Atlas Capital, are to buy the company in a $100 million-plus deal which will see the London-based operation split from its Geneva business. Patrick Stevenson, chief executive, said the new Cayman-registered company would carry on its strategy of offering alternative investments and that Sir Peter Ogden, founder of Computacenter, and Tom Stendahl, of Scott Sports, are being brought in as non-executives. The new group would have $3.6 billion of assets under management.