Ambix emerges from Lehman Brothers

Pier-Alberto Furno, one of Europe's pre-eminent long only fund managers, has launched Ambix Capital, ...

Pier-Alberto Furno, one of Europe's pre-eminent long only fund managers, has launched Ambix Capital, a new London and Monaco based investment firm. Furno, previously the minority investor in an asset management venture with Lehman Brothers, has bought out the shares from the defunct investment bank to launch the venture. Ambix, formally known as Furno and Del Castanõ Capital Partners, has approximately $300m in client assets under management. The firm, initially established as a joint venture with Lehamn in 2004, provides active equity investment services, principally to high net worth ...