SkyBridge Dials Up Risk and Reaps Rewards

By betting heavily on highly concentrated or leveraged activist funds, the firm’s fund-of-funds has outpaced its competitors this year.

Raymond Nolte, SkyBridge Capital (Bloomberg)

Most activist-oriented hedge funds have weathered the volatility that has plagued the markets this year — and that’s especially good news for one large fund of funds that is heavily skewed toward the strategy.

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