SkyBridge Capital

SkyBridge Capital
Private
Industry Investment Management
Founded 2005
Headquarters 527 Madison Avenue
New York City, United States
Key people
Anthony Scaramucci
Raymond Nolte
Total assets $12.5 billion[1]
Website www.skybridgecapital.com

SkyBridge Capital is a global investment firm based in New York City, United States. It is run by co-managing partner and founder Anthony Scaramucci and co-managing partner and chief investment officer Ray Nolte.[2][3]

SkyBridge also produces the SkyBridge Alternatives (SALT) conference.[4]

History

SkyBridge Capital was founded in 2005 with a focus on hedge fund seeding. Anthony Scaramucci was previously the co-founder of Oscar Capital Management, which was sold to Neuberger Berman in 2001. Upon Neuberger Berman's sale to Lehman Brothers in 2003, Scaramucci served as managing director in their Investment Management division. Scaramucci also served as a vice president in Goldman Sachs Private Wealth Management group.[5]

In May 2008, SkyBridge formed a strategic partnership with Challenger Financial Services Group Limited, forming the first global institutional emerging manager seeding platform. Additionally, Challenger supports SkyBridge in the Australasia region to source new capital and managers.[6] In April 2010, the firm announced it opened an office in Zürich, Switzerland.[7]

In June 2010, SkyBridge acquired Citigroup Alternative Investments Hedge Fund Management Group and Ray Nolte, joined as co-managing partner and chief investment officer. Nolte was previously the chief executive officer and chief investment officer of the Citigroup Alternative Investments Hedge Fund Management Group. Earlier, he held positions at Deutsche Bank and Bankers Trust Company.[8][9]

On July 9, 2013, SkyBridge Capital formed a strategic partnership with Seoul-based Woori Investment & Securities to distribute SkyBridge's hedge funds-of-funds products in Korea and other parts of Asia.[10]

In May 2014, SkyBridge acquired the rights to Wall Street Week, an investment news show that debuted in 1970.[11] The company is reintroducing the show with CNBC's Susan Krakower and Raymond Borelli overseeing its development with Scaramucci as the host. In March 2015, the company opened its third office in Palm Beach Gardens, Florida.[12] The company is also the title sponsor of West Palm Beach's inaugural bike share program, SkyBike.[13]

SALT Conference

SkyBridge Capital hosts a large investment conference, known as the SkyBridge Alternatives (SALT) conference, biannually in the U.S. and Asia.[14] The first SALT conference was held in May 2009 in Las Vegas, Nevada and convened 500 asset managers, investors and other industry thought leaders.[15] The flagship conference has grown to include participation by over 1,800 thought decision makers, industry experts, finance professionals and members of the alternative investment community.[16] SALT's mission has been described as being committed to facilitating balanced discussions and debates on macro-economic trends, geo-political events and alternative investment opportunities within the context of a dynamic global economy.[16][17]

Featured speakers have included Ehud Barak, Tony Blair,[18] Gordon Brown, George W. Bush, Bill Clinton,[19] Izzy Englander, Timothy Geithner, Al Gore,[18] Ken Griffin, Valerie Jarrett,[20] Lim Hng Kiang, Kenneth Langone, Jin Liqun,[21] Dan Loeb, Michael Milken, Al Pacino, Leon Panetta, David H. Petraeus, John Paulson,[22] Colin Powell, Wolfgang Puck, Mitt Romney, Don Brownstein,[23] David M. Rubenstein,[20] Nicholas Sarkozy, Paul Singer, Tharman Shanmugaratnam,[24] Oliver Stone, Lawrence H. Summers, David Tepper[25] and Jean Claude Trichet. SALT Asia was first held in October 2012, at the Marina Bay Sands in Singapore.[18] It was held again with 1,000 participants at the Marina Bay Sands September 24–27, 2013.[21]

Offices

SkyBridge has offices in the following locations:[26]

Awards

Hedge Funds Review Americas Awards:

HFMWeek's US Performance Awards:

InvestHedge Awards:

References

  1. Ciolli, Joseph (26 February 2015). "Short Sellers Walk Away From U.S. Small-Caps After Drop: Options". Bloomberg Business. Retrieved 28 March 2015.
  2. Giannone, Joseph A. (23 March 2009). "Now is best time to launch hedge fund: Scaramucci". Reuters. Retrieved 28 March 2015.
  3. Strauss, Lawrence A. (19 July 2014). "Ray Nolte: A Clearer Window Into Hedge Funds". Barron's. Retrieved 28 March 2015.
  4. Benner, Katie. "A Davos Grows in the Desert". Retrieved May 8, 2013.
  5. Robinson, Edward (9 September 2011). "Scaramucci Fired by Goldman Schmoozes His Way Into Funds". Bloomberg Business. Retrieved 28 March 2015.
  6. "Incubators on the look-out for start-up managers". Financial Times. Retrieved 28 March 2015.
  7. "SkyBridge Capital Opens Office in Zürich". HedgeWeek. April 21, 2010.
  8. "Citi Sells Fund of Funds Unit to SkyBridge". New York Times. April 14, 2010. Retrieved 11 November 2013.
  9. Makin, Claire (10 October 2013). "SkyBridge tones down prepayment sensitive mortgage holdings in favour of event driven". Hedge Fund Intelligence. Retrieved 28 March 2015.
  10. Appell, Douglas (9 July 2013). "SkyBridge Capital pairs with Woori Investment in Asia". Pensions & Investments. Retrieved 11 November 2013.
  11. Celarier, Michele (15 May 2014). "Scaramucci to Revive Iconic 'Wall Street Week'". Retrieved 27 May 2014.
  12. Ostrowski, Jeff (4 March 2015). "New York investment firm opens branch office in Palm Beach Gardens". Palm Beach Post. Retrieved 28 March 2015.
  13. Gehrke-White, Donna (4 March 2015). "SkyBridge Capital investment firm expanding to Palm Beach County". Sun Sentinel. Retrieved 28 March 2015.
  14. Kanigher, Steve (May 21, 2010). "Obama's remark brings Wall Street players to Las Vegas". Las Vegas Sun.
  15. Taub, Rob (11 May 2014). "How SALT helped the Strip". Las Vegas Sun. Retrieved 28 March 2015.
  16. 1 2 "Fifth Annual SALT Conference To Feature Global Leaders, Discuss Critical Issues And Offer Vital Perspectives". Reuters. 13 February 2013. Retrieved 12 November 2013.
  17. Lattman, Peter (8 May 2013). "Hedge Fund Impresario Plays Host in Las Vegas". New York Times DealBook. Retrieved 28 March 2015.
  18. 1 2 3 Yamazaki, Tomoko (16 October 2012). "Scaramucci to Raise Hedge-Fund Bets in Asia With SALT". Retrieved 12 November 2013.
  19. "A Davos grows in the desert". Fortune. 8 May 2013. Retrieved 12 November 2013.
  20. 1 2 "SALT Conference To Convene The World's Top Investment Icons, Business Leaders, Policy-Makers And Economists In Las Vegas, May 13-16, 2014". PR Newswire. 3 March 2014. Retrieved 28 March 2015.
  21. 1 2 "Second Annual SALT Asia Conference Announces Program". MarketWatch. Retrieved 12 November 2013.
  22. Benner, Katie (8 May 2013). "A Davos Grows in the Desert". Fortune. Retrieved 12 November 2013.
  23. "Don Brownstein, founder and chief executive officer at Structured Portfolio Management, left, speaks during the Skybridge Alternatives (SALT) conference in Las Vegas". Getty Images. Retrieved 12 July 2016.
  24. Tan, Kopin (28 September 2013). "A Split View at the SALT Asia Conference". Barron's. Retrieved 12 November 2013.
  25. Celarier, Michelle (14 May 2014). "David Tepper says 'The market is dangerous right now'". New York Post. Retrieved 28 March 2015.
  26. "SkyBridge opens office in Palm Beach County". Opalesque. 5 March 2015. Retrieved 28 March 2015.
  27. "2014 Winners". Hedge Funds Review. Retrieved 28 March 2015.
  28. 1 2 "Hedge Funds Review Americas Awards 2013". Hedge Funds Review. Retrieved 12 November 2013.
  29. "Awards Winners". HFM Week. Retrieved 12 November 2013.
  30. "SkyBridge Capital Again Wins Fund of Hedge Funds Multi-Strategy Category at HFMWeek US Performance Awards". 25 October 2012. Retrieved 12 November 2013.
  31. "InvestHedge Awards 2014". Hedge Fund Intelligence. Retrieved 28 March 2015.
  32. "InvestHedge Awards 2013". Hedge Fund Intelligence. Retrieved 12 November 2013.
  33. "InvestHedge Awards for Investor Excellence 2012". Hedge Fund Intelligence. Retrieved 12 November 2013.
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