Nile Capital Group, LLC acquired 23% stake in ABS Investment Management LLC from Evercore Inc. (NYSE:EVR) on July 31, 2024. ABS will continue to operate under the leadership of its current management team. Berkshire Global Advisors acted as Nile's exclusive financial advisor, and Reed Smith provided legal counsel.

Nile Capital Group, LLC completed the acquisition of 23% stake in ABS Investment Management LLC from Evercore Inc. (NYSE:EVR) on July 31, 2024.