SkyBridge Capital

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SkyBridge Capital
TypePrivate
IndustryInvestment Management
Founded2005
Headquarters527 Madison Avenue
New York City, United States
Key people
Anthony Scaramucci
Raymond Nolte
Brett S. Messing
Websitewww.skybridge.com

SkyBridge Capital is a global investment firm based in New York City, United States. It is run by founder Anthony Scaramucci, Brett S. Messing, Raymond Nolte and Troy Gaveski.[1][2][3]

SkyBridge produces the SkyBridge Alternatives Conference, or "SALT" Conference, a capital introduction convention.[4] In addition to its annual flagship event in Las Vegas, SALT has hosted conferences in Singapore, Tokyo and Abu Dhabi.[5]

It has offices located in New York and Florida.[6][7]

History[]

SkyBridge Capital was founded in 2005 by Anthony Scaramucci, the co-founder of Oscar Capital Management.

In June 2010, SkyBridge acquired Citigroup Alternative Investments Hedge Fund Management Group. Ray Nolte, Citigroup’s former chief executive officer and chief investment officer, joined as co-managing partner and chief investment officer.

In March 2015, the company opened its third office in Palm Beach Gardens, Florida.[8] The company was also the title sponsor of West Palm Beach's inaugural bike share program, SkyBike, before the program shut down in December 2019.[9][10]

On January 17, 2017, SkyBridge announced that it had signed a definitive purchase agreement with RON Transatlantic and HNA Capital U.S., with founder Scaramucci stepping down from his role as co-managing partner in order to take a role in Trump administration.[11]

However, on April 30, 2018, HNA and SkyBridge issued a joint statement the two sides had agreed not to pursue the deal, with Scaramucci returning as co-managing partner of the company.[12][13] The Committee on Foreign Investment in the United States had yet to approve HNA’s takeover. The statement said that the committee had offered the two sides "a path to approval" if they made certain changes, but that neither side believed it was in its best interest to continue.[14]

References[]

  1. ^ Giannone, Joseph A. (23 March 2009). "Now is best time to launch hedge fund: Scaramucci". Reuters. Retrieved 28 March 2015.
  2. ^ Strauss, Lawrence A. (19 July 2014). "Ray Nolte: A Clearer Window Into Hedge Funds". Barron's. Retrieved 28 March 2015.
  3. ^ "Anthony Scaramucci's SkyBridge Hires Brett Messing". Bloomberg.com. 2018-11-13. Retrieved 2020-03-17.
  4. ^ Benner, Katie. "A Davos Grows in the Desert". Retrieved May 8, 2013.
  5. ^ "SALT Abu Dhabi: Where finance, technology, geopolitics meet". Arab News. 2019-12-09. Retrieved 2020-03-17.
  6. ^ "Scaramucci's SkyBridge Opens London Office in Push for Growth". Bloomberg.com. 2016-07-28. Retrieved 2020-03-27.
  7. ^ "SkyBridge Capital Opens Office in Seoul, South Korea | Hedgeweek". www.hedgeweek.com. 2015-05-05. Retrieved 2020-03-27.
  8. ^ Ostrowski, Jeff (4 March 2015). "New York investment firm opens branch office in Palm Beach Gardens". Palm Beach Post. Retrieved 28 March 2015.
  9. ^ Gehrke-White, Donna (4 March 2015). "SkyBridge Capital investment firm expanding to Palm Beach County". Sun Sentinel. Retrieved 28 March 2015.
  10. ^ "West Palm's scooter effort edges out SkyBike rental program". The Palm Beach Post. Retrieved 2020-03-13.
  11. ^ "Sale of ex-Trump aide Scaramucci's SkyBridge on track: executive". Reuters. 2017-09-19. Retrieved 2020-03-13.
  12. ^ "After White House Stint and a Failed Deal, Anthony Scaramucci Is Back Where He Started". Fortune. Retrieved 2020-03-13.
  13. ^ "Scaramucci Is Back — and so Is SkyBridge". Institutional Investor. Retrieved 2020-03-13.
  14. ^ Flitter, Emily (30 April 2018). "Chinese Firm Scraps Deal to Buy Anthony Scaramucci's Hedge Fund". New York Times. Retrieved 3 August 2018.

External links[]

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