Only the name has changed. Same owner (Giancarlo). Same staff. Same menu. Excellent risotto with shaved truffles (a special), good salads, good fish specials (but get there before they run out--usually by 9:00 pm). After the split they were allowed to use the name for 3 years or so. Now they've just changed the name.
Is it as good as Angeli Caffe? Angeli's bread is better. Angeli is smaller, homier and cheaper. Giancarlo has a broader menu.