SkyBridge Capital Gets Into Incubator Game
Wednesday, February 22, 2006 - 9:09 am
From the way he trumpets his own horn, you’d think Anthony Scaramucci, partner at the Michael Dell-backed SkyBridge Capital, invented the idea of a hedge fund incubator. “As the hedge fund industry evolves, the most talented early-stage managers will partner only with those who provide valuable strategic guidance, and not simply seed capital,” he said on the occasion of seeding the first two managers, a media/telecom outfit and a real estate investor. Nice try, dude, but you’re a little late to the game.
SkyBridge Picks First Managers [NY Post]
Comments:
Next entry: Morgan Stanley Doubles Workforce in a Single Day!
Previous entry: Where Money Triumphs Over Looks