$SCNG the company reported that asset under management in its wholly owned private funds TBS Equities Fund LLC and TBS Capital LP increased 192% from $2,328,582 to $6,812,000 attributable to a growing securities portfolio.
To recap, on March 25, 2020 Timo Strattner became CEO of SC Holdings Corp. and changed its name to Strattner Financial Group. During the week of his appointment he acquired his Companies, New York based Exempt Reporting Investment Adviser,TBS Capital Management LLC CRD#304817 / SEC#: 802-117143, and wholly owned private funds TBS Capital LP and Strattner Capital LP both in the UK, and TBS Equities Fund LLC, adding $2,328,582 of financial assets to the Company.
TBS Capital Management LLC manages multiple alternative assets classes and strategies across a broad spectrum of industries including buyout and control investments, distressed opportunities, convertible securities, special situations, and alternative credit. Strattner Financial Group is actively pursuing the strategy to acquire a Broker-Dealer in the USA and obtain FCA licensing in the United Kingdom to accelerate enterprise growth and provide tailored investment banking and growth services relevant to the industries where subsidiaries operate.
The Company also opened technology division Strattner Technologies LLC which made headlines acquiring New York based Point-To-Point technology firm Always On Incorporated. Shortly after Strattner Technologies LLC is entering into the satellite communications market through an agreement with satellite network operator Pivotel America, Inc. Subsequently, Strattner.Space was launched to offer, via Pivotel, access to satellite communication services with standard local numbers in select regions, low satellite call rates, standard mobile call rates for callers to Strattner.Space clients, and roaming between four satellite technologies namely Inmarsat, Globalstar, Thuraya and Iridium.
