Attalus Capital has exited the private equity business and will...

Attalus Capital has exited the private equity business and will concentrate solely on hedge funds of funds, said Patrick C. Egan, Attalus CEO. Private equity was not a successful strategy for the firm, which discontinued private equity operations Dec. 31, he said. The former heads of the firm's private equity business, Mark Gorman and Brian Thayer, left recently to launch their own firm, GormanThayer.