Skybridge Capital Hit Hard By Paulson InvestmentMark Melin
Skybridge Capital, one of the highest profile and most respected hedge fund investors in the world, had difficulty lately, namely in investments in the Event Driven hedge funds, which to which it had been reducing exposure for the past six to eight months. The fund also found difficulty investing in the Directional Equity and Macro funds, according to its March 2016 annual report reviewed by ValueWalk, but Relative Value hedge fund strategies in which it invested were positive on the year.
Looking at the losses it is apparent why Skybridge might be tapering off exposure to event . . .
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