SHARING CONTENT ABOUT: PRIVATE EQUITY VENTURE CAPITAL HEDGE FUNDS INVESTMENT BANKING, AND HOLLYWOOD
Resilient Media Entertainment
Wednesday, May 30, 2012
SkyBridge To Close #HedgeFund-Seeding Funds, Return Capital #AmyOr @WSJ @resilient_ent
SkyBridge Capital LLC is returning to investors capital from its two hedge-fund-seeding funds on lackluster performance. "
We just thought results were mediocre so we gave people the chance to switch into a better-performing product or get their money back.
It was pro-client and well received," said SkyBridge founder and managing partner Anthony Scaramucci in an email. The two funds--SkyBridge I and II, managed $260 million assets or about 4% of the firm's $6.4 billion assets.
News on SkyBridge's return of seeding capital was reported by Bloomberg Friday. The report said SkyBridge I, which was launched in 2006, posted a 5.3% decline through May 2011, but didn't mention the performance of the other seeding fund.
READ MORE VIA #AmyOr @WSJ benny quetell @resilient_ent resilient media entertainment hedge funds
#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement
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