Scaramucci’s SkyBridge Capital Lost 39% Last Year: Bloomberg

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.SkyBridge, the investment firm of Scaramucci, was reportedly down 39% last year due to risky crypto bets like FTX. BrandyBetz reports

60% of the firm's capital at the Sept. 30 deadline. Only 10% of that had been returned, according to a January filing.

SkyBridge previously gave investors four redemption periods during the year with a promise of returning at least 25% in cash each quarter. That's now been cut to two, according to Bloomberg.

 

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