Shopping Cart -

Your cart is currently empty.
Upgrade to today
for only an extra Cxx.xx

You get:

plus This issue of xxxxxxxxxxx.
plus Instant access to the latest issue of 310+ of our top selling titles.
plus Unlimited access to 27000+ back issues
plus No contract or commitment. If you decide that PocketmagsPlus is not for you, you can cancel your monthly subscription online at any time. Auto-renews at €10,99 per month, unless cancelled.
Upgrade Now for €10,99 Learn more
This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
Pocketmags Digital Magazines
   You are currently viewing the Italy version of the site.
Would you like to switch to your local site?
Leggi ovunque Read anywhere
Modalità di pagamento Pocketmags Payment Types
Trusted site
A Pocketmags si ottiene
Fatturazione sicura
Ultime offerte
Web & App Reader
Loyalty Points

SkyBridge Toasts Ten Years

Successful multi-strategy hedge fund investing

THFJ visited SkyBridge Capital’s New York offices as the investment team celebrates over ten years together, during which time the strategy has surpassed many investors’ expectations for performance and seen assets more than triple, despite the headwind of a contracting fund of funds industry and the worst financial crisis since the Great Depression. SkyBridge has a stable team: “Of the 24 people that came over from Citi only one junior analyst has departed” says CIO, and co-Managing Partner, Ray Nolte. The team process is ten years old, having originated in Citi’s fund of hedge fund business, Citigroup Alternative Investments Hedge Fund Management Group, which SkyBridge acquired in June 2010, bringing in some $1.3bn of discretionary assets and $3bn of advisory managed account assets. SkyBridge founder Anthony Scaramucci led the Citi acquisition after being connected to Nolte through mutual industry contacts. Since then the firm has seen spectacular asset growth, from $4bn to $13.4bn (shown below). Nearly all of this has come from the core business, which is structured as a comingled funds of funds. SkyBridge views its investment structure “as a multi-strategy fund that allocates externally”- across a broad array of asset classes, strategies and managers. “We take a thematic approach to our investment theses and actively express high conviction views. Our more tactical and dynamic process resonates with investors and has resulted in performance gains and steady asset raising” states Nolte. Further, SkyBridge has used its size, as one of the world’s largest allocators, to negotiate lower fees from 84% of funds it invests in, “The benefits of lower fees are passed on to our investors,” Nolte makes clear.

Pictured (L-R): Anthony Scaramucci, Founder and Co-Managing Partner and Ray Nolte, Co-Managing Partner and Chief Investment Officer

Investor Education and The SALT Conference

SkyBridge continues to play a prominent role in industry advocacy and investor education, through the SkyBridge Alternatives (SALT) Conference, conceived by partner Victor Oviedo and held annually each May in Las Vegas since 2009; and other international thought leadership events that are held throughout the world. Anthony Scaramucci is also the co- host of the iconic US television show Wall Street Week and is a regular contributor to Fox Business News. He has also published two books titled ‘Goodbye Gordon Gekko: How to Find Your Fortune without Losing your Soul’ and ‘The Little Book of Hedge Funds’. All of these efforts have been designed to “bring the hedge fund industry to a broader audience with the goal of providing investors with access to the world’s most relevant thought leaders and industry decision makers from the intersecting worlds of finance, politics, public policy, science, and philanthropy.” says Scaramucci.

Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 109 - November 2015
If you own the issue, Login to read the full article now.
Single Digital Issue
Issue 109 - November 2015
This issue and other back issues are not included in a new The Hedge Fund Journal subscription. Subscriptions include the latest regular issue and new issues released during your subscription.
6 Month Digital Subscription
Only € 140,00 per issue

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.