Who is Anthony Scaramucci?

Anthony Scaramucci has become the latest bitcoin bull hoping to give the digital currency some legitimacy. Scaramucci’s firm, SkyBridge Capital, officially launched the SkyBridge Bitcoin Fund LP on Monday. It’s a fund geared towards wealthy investors looking for (XBT) -explainer/index.html” target=”_blank”>exposure to the high-flying crypto.

Is Scaramucci struggling to hold on to SkyBridge's hedge funds?

But Mr. Scaramucci is also struggling to hold on to investors in SkyBridge’s flagship fund, the SkyBridge Multi-Adviser Hedge Fund Portfolios, which managed as much as $2 billion at the end of March. Its investments lost nearly a quarter of their value in the second quarter.

Who owns SkyBridge Capital?

FTX and Skybridge Capital announced last Friday that FTX acquired a 30% stake in Skybridge, an asset-management company led by Anthony Scaramucci. On Monday, Scaramucci gave more details on the deal at SALT New York. What Happened: Skybridge currently holds around $2.8 billion in assets under management.

Is Steve Scaramucci a crypto investor?

Mr. Scaramucci says he is still a long-term believer in crypto, adding that about 22 percent of his flagship fund remained in crypto and related investments as of the end of last month. “I am not smart enough to time the market,” he told the DealBook newsletter.