Did Debra Messing mismanage skybridge's investment fund?

Although the fund failed to produce gains, Messing was nevertheless given greater say over SkyBridge’s main investment fund, according to the report. The brother of “Will and Grace” star Debra Messing is reportedly being blamed for mismanaging investments at Anthony Scaramucci’s hedge fund SkyBridge Capital.

What is Skybridge and how does it work?

The most unique aspect of SkyBridge is a joint U.S.-Mexico customs processing hub that expedites the transfer of American goods across the border to Mexico and Latin America. Gateway airport is the only inland U.S. airport with that capacity.

What happened to SkyBridge?

In March of last year, SkyBridge was unable to meet all of its clients’ redemption requests, the first time it happened in the company’s history, according to Bloomberg. In 2021, SkyBridge generated $55 million in revenue. Last year, though, its asset management business managed to generate just $24 million.

Is skybridge violating its own internal risk guidelines?

During one meeting, employees vocally complained that SkyBridge was violating its own internal risk guidelines by betting big on crypto, according to Bloomberg News. Scaramucci became known nationwide after his brief stint as White House communications director during the Trump administration.