Feb 12, 2003 – D.A. Capital Management, LLC. sells “Long Only” equity investment product to Trusco Capital Management, Inc.
Contact: Kevin Donoghue, Managing Director
Mystic Capital Advisors Group, LLC
D.A. Capital Management sells its “Long Only” mid-cap equity investment
product to Trusco Capital Management, Inc.
Atlanta, GA (Feb. 12, 2003) – D.A. Capital Management, LLC is pleased to
announce the sale of it’s “long-only” mid-cap equity investment product to Atlanta
based Trusco Capital Management, Inc. D.A. Capital will retain its hedge fund
management business and Kevin W. Shea, a principal of D.A. Capital will
continue to be the portfolio manager of D.A.’s hedge funds.
The separation of these products will, in DA’s view, result in a clear focus for D.A.
Capital Management in the hedge fund business. The principals of DA also
believe that the transaction will generate a revenue stream to D.A. Capital that
will allow it to add additional research and trading talent.
Mr. Shea will assist in transitioning it’s “long only” mid-cap product to Trusco
while continuing to manage hedge funds for D.A. Capital.
Mystic Capital Advisors Group, LLC provided transaction advisory services to
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