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Brimstone exits Afena Capital to management

Image Credit: Daily Nation

Brimstone Investment Corporation, a South African investment company that makes both listed and unlisted investments, has exited its stake in Athena Capital, an independent asset manager with $249 million under management in an undisclosed deal. According to Brimstone’s website, the company held an effective interest of 28.79% in the money manager, whose management acquired Athena in a management buyout transaction.

Read more at Bloomberg…

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