News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Bob Diamond’s African venture eyes financing for M&A

Atlas Mara posted a loss of $63.1 million in its first financial report

Bob Diamond’s African venture eyes financing for M&A

Atlas Mara, the African venture founded by ex-Barclays chief executive Bob Diamond, posted a loss of $63.1 million in its first financial reports, revealing that it may be looking for new financing in the coming year.

The investment company posted that loss for the 13 months to the end of December 2014, according to a statement Wednesday.

WSJ Logo