Company will merge with the acquired firm’s existing Scottsdale office.

Team member will continue to oversee firm’s operations and advise on strategic initiatives and investments.

He will be involved in a range of investment and management activities across the New York-based firm, including growth initiatives and corporate M&A.

ISCG’s investment team will enable EagleTree to strengthen its investment platform and accelerate the growth of its business, the firms said.

Despite it being widely known within NBA circles that some Sacramento Kings’ investors were looking for an exit, those limited partnership stakes in the franchise sat on the proverbial market for some.

Bitcoin, the world’s largest cyrptocurrency in terms of market value, rose on Tuesday, passing the $50,000 mark for the first time in four weeks and adding to gains this month on mounting institutional interest.