Fairfield Greenwich, a hedge fund ensnared in Bernie Madoff’s $65 billion Ponzi scheme, is handing over $2.5 billion remaining in four funds to Sciens Capital as Fairfield looks to salvage assets not affected by the scandal.

As part of the deal, Fairfield won’t sell the funds to Sciens but instead will simply hand them over, retaining some rights to revenue, said a person familiar with the situation.

Fairfield once ran a $14 billion fund before the Madoff scandal hit and it lost $7 billion in assets. Now, the firm and its founders, Walter Noel and Jeff Tucker, are buried by lawsuits as well as facing charges of fraud by securities regulators in Massachusetts.