Michael Bach Atlanta’s Foundation : A Step forward to Humanity.

Michael Bach is the fund manager of the hedge fund Scirage Capital. In early 2007, Michael began to test various theoretical securities trading strategies that he had developed. After two years, the result was a successful analysis system for stock trading strategies that generated exponential returns. This ingenious mathematical process is what compelled Michael to establish the hedge fund that is known today as Scirage Capital.  Michael’s ability to develop complex mathematical models and analytic acumen was originated when he attended North Carolina A&T State University in Greensboro, North Carolina, majoring in both Mechanical and Architectural Engineering.

Prior to establishing Scirage, Michael 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.  During his tenure at Bach Equity Partners, Michael led the charge to execute corporate takeovers in the healthcare, transportation, distribution and manufacturing industries. To his credit, Michael originated and facilitated transactions which included debt offerings totaling $192 million, equity capital assemblages totaling $31 million, as well as executing merger transactions totaling $86 million and corporate divestitures totaling $163 million.  In more recent times, Drezden Equity Partners has continued its operations but only with Michael acting as the Chairman of the Board.

With his many business successes, Michael Bach Atlanta has become a very active philanthropist. He founded the Michael Bach Family Foundation, a charitable organization that supports youth sports and projects related to education as well as providing educational scholarships. Despite Michael’s 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

In 2011, the Michael Bach Atlanta Foundation was created on the heels of a benevolent fund established at Scirage Capital.  Michael made the decision to establish a foundation that caters to youth education and sports. The foundations’ annual giving are allocated to provide 60% to educational efforts and 40% to youth sports.  At the age of 26, Michael began coaching little league basketball and football in Atlanta, despite not having any children of his own at the time.  He coached both sports in lower income communities for a combined 17 years, and it was during that time of his life that he came to realize, how the slightest influence of help could change the life of an individual. Today the Michael Bach Foundation provides annual giving to metro Atlanta area youth sports organizations.  During fiscal 2015, the foundation will expand its geographical scope of annual youth sports giving to the entire state of Georgia.

This foundation by Michael Bach Atlanta is surely a step to make millions of dreams come true of people who cannot afford it . Michael says that, “This foundation is really close to my heart and I can’t imagine my life without seeing the prosperous faces of these young children who have made my life happier”, this foundation is a step forward towards humanity and the great thing is even when Michael himself had to face so many difficulties  to reach his goals. He believes that no one must go through what I have been through , Michael Bach Atlanta , a lover of humanity says, “We have to allow ourselves to be loved by the people who really love us, the people who really matter. Too much of the time, we are blinded by our own pursuits of people to love us, people that don’t even matter, while all that time we waste and the people who do love us have to stand on the sidewalk and watch us beg in the streets! It’s time to put an end to this. It’s time for us to let ourselves be loved.”

Michael BAch

Youth basketball, football and golf are the three primary sports supported by the foundation.  Because of the shear cost of equipment, on an annual basis, 75% of the allocated capital for youth sports is given to football and golf programs throughout metro Atlanta. With the game of golf being one of Michael’s fascinations, he recently made the decision to include youth golf as a supported sport.  The intent was to promote greater awareness with the sport and to encourage youth interest and development in golf.  The foundation annually supports youth golf camps throughout the southeast. The foundation provides annual giving to underprivileged students, which allow them to attend private and college preparatory grade schools.  The foundation annually targets 100 students through its 100 Kids of Color education program.  The program annually provides private school tuition scholarships to 100 students in grades 6 through 12

Michael Bach Atlanta with his foundation made it very clear that no matter how rich you might get but if are not working for uplifting of others then surely you are missing something. The promotion of college education is a significant part of the purpose of the Michael Bach Foundation.  The foundation provides annual giving’s to as many as 25 college level students, which attend Historically Black College or Universities (HBCU’s). The program annually provides scholarship assistance to students majoring in various disciplines of business, engineering and medicine. The step by Michael Bach Atlanta is revolutionary and he deserves huge respect for making dreams of million children a reality. Even after his busy schedule his always make time to visit the foundation and have hearty conversation with the youthful children who are full of charisma and charm. Michael Bach call the foundation his second home.

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The Secret of Success with Michael Bach Atlanta

When Mr. Michael Bach Atlanta was asked what is life? In a recent interview he beautiful put the definition of life as “I am often left wondering about the true meaning of life but today standing as one the prominent faces of the world, I feel my life is blessed. I believe that in order to reach where I am today each one of you who need to climb the gigantesque height of success must be full of gratitude towards what life has given you and always be ready to face all the hardships of your life with sheer courage and determination”.

Then when Michael Bach Atlanta was asked that how he recalls his journey from a small town to becoming a business tycoon he said , “ As far as being a successful business man is concerned, I believe this is a journey, we all have different journeys and different demons to knock down in the market but what matters is that, how ethical is your attitude towards all the hideousness which comes along this walloping journey. Nothing in the life comes easy, you must be willing to grind and then only you can shine like a timeless diamond in eternity”.

The next question which brought multiple memories back to his life was how he would define his 17 year long stay at Bach Equity Partners he said, “When I first started my career as the Chief Executive Officer of the private equity firm, Bach Equity Partners, whose primary business model was facilitating takeovers of middle-market companies, it took me 17 good years to reach something magnificent as hedge fund manager at Scirage Capital. But I never regret those years because I know without that experience I would not have been the complete man. All those years I learned what entrepreneurship and market exactly was and how I have to deal with different people and make myself able enough to venture all their demands”.

One being asked about the importance of education he proudly declared that , “All the expertise and experience I gained at Bach Equity, I molded it all with strenuous efforts resulting in the invention of successful analysis system for stock trading strategies that generated exponential returns. This ingenious mathematical process is what compelled me to establish the hedge fund that is popularly known today as Scirage Capital. But this is surely a potent result of my ability to develop complex mathematical models and analytic acumen which was originated when I attended North Carolina A&T State University in Greensboro, North Carolina, majoring in both Mechanical and Architectural Engineering.”

What would you like to advise the young aspirants? Michael Bach Atlanta said that he “ would like to advise all the young aspirants to treat your company or business in which you are working for as your ultimate passion. Unless you become dedicated to the present, you cannot make it up for the future. Your entire career depends largely what you can do with your present, how you can up level your skills, communicate and make people understand your vision of things. Once, you are able to make your vision or your mission a reality in the eyes of others you surely transcend all the boundaries and will succeed”.

On being asked the importance of money in today’s world Michael Bach Atlanta gave an inspiring answer “The unending , perennial race of earning money will continue till ages but what can make you grow is that how you respond to others around you , how human you are and at the end when everything will turn into dust only your good deeds will count. Business and marketing is a field where people are full of doubts and prejudices about the ethics and values of a successful business, many believe that you have to be extremely cunning and fox – headed to survive the pressure you undergo and hence lose the human traits. Well, I don’t think so, sadly this is morbid image is creating chaos among youth and is misleading them”.

Why Michael Bach Atlanta Family Foundation was started and what is your mission behind it ? To this Mr. Bach proclaimed that “One must never forget that the only true religion is humanity. I don’t know how many of those millions and billions made me as happy as I am today after I stared, ‘Michael Bach Family Foundation’, a charitable organization that supports youth sports and projects related to education as well as providing educational scholarships. When I see these children learning and growing I feel overwhelmed. Even when I am utterly busy with my monotonous life, I make sure that I visit them, spend time with them and my family because they are my true inspiration. These little joys of life by helping someone, being the reason behind someone’s smile, taking care of your family are real blessings. I feel obliged that I have got the chance and opportunity to help everyone around me cherishes their dream.”

What is that one thing which has always given you power to keep moving ahead and reaching this stage of your life ? to this Michael Bach Atlanta replied “I would like to say that we must always remain connected to our roots , today despite my daily management duties at Scirage, I continue to be the chairman of the board at Drezden Equity Partners, and currently sit on the board of 3 other US based companies and I still make time to help people. Unless we believe that unity is everything, we cannot grow. To reach the zenith of success and achievement we must learn to grow together, helping each other and rest everything will fall into its place.”

This conversation with Michael Bach Atlanta was full of wisdom and he offered much life changing advice to young people. His deep knowledge about the business world and his simplicity is world praise .Today he stands as an indelible inspiration for everyone and surely is an epitome of humanity and generosity.

Michael Bach Atlanta-Minority Manager Readies Options Strategy Fund

Minority Manager Readies Options Strategy Fund

 

Atlanta, GA Nov, 17, 2009 Scirage Capital Partners is preparing to launch its flagship options strategy fund. The new fund, which is still unnamed, will have a minimum investment of $250,000 and no lockup period, “because of the pioneering of sorts as a minority hedge fund,” says Michael Bach, the fund manager and founder.

Michael Bach Atlanta, who began his finance career nearly sixteen years ago as the CEO of a

small-cap private equity firm, founded Scirage just ahead of the nations financial crisis, noticing that there were virtually no African American asset managers at all. “I’ve always know that there were limited numbers of African American’s in the finance industry,” says Bach.

The Fund’s investment focus will be on short term investment contracts, investing in mostly in put and call options, which Bach describes as “an any-market strategy.” The firm expects to begin accepting outside capital at the beginning of December, and thus far has capital commitments for $15 million, mostly from a single investor. Scirage currently employs 9 people, most of which have finance industry backgrounds. Bach says Scirage will in the future target high-net-worth individuals and institutional investors as clients, but for now will concentrate on further developing its investment strategy.

The biggest hurtle Michael Bach Atlanta believes his firm will have to overcome is making investors feel comfortable with the idea of investing large sums of capital in alternatives and in minority firms. “One thing that causes investors to hesitate is when they hear the words ‘alternative investment’ they think ‘risk,'” he says. “Our goal is to expand our capital base to our current capacity of $100 million by the first quarter of 2011, but in order to do that, we will have to lessen risk and help investors overcome their fears, and we do that with a successful track record.”

Michael Bach Atlanta

 Mr. Michael Bach Atlanta is the Chief Executive Officer of Drezden Capital Advisors.  He was a 16 year veteran in the finance industry whereby Michael Bach, Atlanta was previously the Managing Partner of a mid-market Private Equity firm.  To his credit, Michael has executed corporate takeovers in the healthcare, transportation, distribution and various manufacturing disciplines.  During his tenure in the Private Equity sector he originated and completed transactions which included debt offerings (Senior and Mezzanine Debt) totaling $189 million, Equity capital assemblages totaling $34 million, as well as executing merger transactions and divestitures totaling $281million during his career.  Mr. Bach attended North Carolina A&T State University in Greensboro, North Carolina, majoring in both Architectural and Mechanical Engineering.

According to Michael Bach Atlanta, he is working alongside two other professionals in the establishment and launch of the fund, both of which are former private equity veterans. Bach plans to hire several traders and research analysts for the new fund during the 2009 fiscal year. “In developing our approach we have carefully researched the incubation space and have designed our model in order to leverage the strengths that we have”, Bach, added.

Michael Bach Atlanta

Mr. Michael Bach, Atlanta is the Chief Executive Officer of Drezden Capital Advisors.  He was a 16 year veteran in the finance industry whereby Michael Bach Atlanta was previously the Managing Partner of a mid-market Private Equity firm.  To his credit, Michael has executed corporate takeovers in the healthcare, transportation, distribution and various manufacturing disciplines.  During his tenure in the Private Equity sector he originated and completed transactions which included debt offerings (Senior and Mezzanine Debt) totaling $189 million, Equity capital assemblages totaling $34 million, as well as executing merger transactions and divestitures totaling $281million during his career.  Mr. Bach attended North Carolina A&T State University in Greensboro, North Carolina, majoring in both Architectural and Mechanical Engineering.

According to Michael Bach Atlanta, he is working alongside two other professionals in the establishment and launch of the fund, both of which are former private equity veterans. Bach plans to hire several traders and research analysts for the new fund during the 2009 fiscal year. “In developing our approach we have carefully researched the incubation space and have designed our model in order to leverage the strengths that we have”, Bach, added.

Atlanta – Michael Bach Launches Long/Short Fund

Atlanta, GA March 10, 2009  – A former private equity veteran plans to launch an incubated long/short equity hedge fund. An incubated hedge fund offers a prospective hedge fund manager the opportunity to develop a marketable track record for the fund, which will eventually be utilized to solicit investors. The fund’s investment strategy will focus predominately on long and short positions in calls and puts option contracts.  Fund manager Michael Bach has established Scirage Capital in Atlanta, Georgia.

The firm will launch its incubated fund during the second quarter, with an estimated $10 million in initial assets, seeded primary by Bach. When asked, Michael Bach said “Unlike a traditional seeding arrangement where the fund manager may need to spend half of the time on developing non-investment type functions of the fund, this incubated model will provide us a good foundation in establishing our track record.” “The risk for investors typically associated with a new launch is essentially removed, which also helps the investment team to primarily focus on producing solid returns.”

According to Michael Bach, he is working alongside two other professionals in the establishment and launch of the fund, both of which are former private equity veterans. Bach plans to hire several traders and research analysts for the new fund during the 2009 fiscal year. “In developing our approach we have carefully researched the incubation space and have designed our model in order to leverage the strengths that we have”, Bach, added.