Planning and Achieving Financial Fitness
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Michael Bach Atlanta
Michael Bach Atlanta is the fund manager of the long/short hedge fund Scirage Capital. In early 2007, Michael began to test various theoretical securities trading strategies that he had developed.
Michael Bach Atlanta spent 17 years as the Chief Executive Officer of the private equity firm Bach Equity Partners whose primary business model was facilitating takeovers of middle-market companies.
Michael Bach Atlanta Family Foundation, a charitable organization that supports youth sports and projects related to education as well as providing educational scholarships.
Despite Michael Bach Atlanta daily management duties at Scirage, he continues to be the chairman of the board at Drezden Equity Partners, and currently sits on the board of 3 other US based companies.
Michael Bach Atlanta fished aboard various boats owned by his Dad.
Michael Bach Atlanta has fished aboard his own boat the "Billionaire Soon", a 41 foot vessel made by Rampage Yachts which is typically docked in Charleston, South Carolina and more recently in Savannah, Georgia.
During a private equity transaction in 1997 in which Michael Bach Atlanta firm was acquiring a medical device company, he was given an ultimatum, to play a round of golf and smoke a cigar with the primary shareholders of the company he was pursuing or the sellers wouldn't facilitate the transaction.
Michael Bach Atlanta had never done either. After 3 weeks of Michael Bach Atlanta stalling, anticipating that he would wait the sellers out, the transaction wasn't completed and he wasn't any closer to concluding the transaction, he finally decided to embark upon the experience of smoking a cigar and learning to play golf.
Golf has become a fun activity for Michael Bach Atlanta and he has come to enjoy and appreciate the game, as well as the experience of cigar smoking.
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