Skybridge Moves Away From Activist Hedge FundsMark Melin
Stung by a strategy that was significantly down last year and is a sector generating losses this year as well, Ray Nolte, chief investment officer at SkyBridge Capital, could be looking to get ahead of the hedge fund returns curve and move into more consistent forms of revenue generation.
Nolte is taking Skybridge’s $12.3 billion under management and tapering off the fund of fund’s relationship with activist and event-driven hedge fund strategies, shifting toward structured credit strategies, a Bloomberg Brief . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible