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Mo' Money for Anthony Scaramucci's Skybridge Capital
Up until a month ago, there were actually a few people who had never heard of Anthony Scaramucci. A high-profile deal has given Scaramucci's Skybridge Capital what political operatives call “the big mo” — momentum.
Up until a month ago, there were actually a few people who had never heard of Anthony Scaramucci. Bill Clinton knew the founder and CEO of $1.5 billion hedge fund seeding firm Skybridge Capital, because the former U.S. president is speaking at a hedge fund conference the firm is putting on in Las Vegas this month.
Hollywood director Oliver Stone also knew Scaramucci the former Goldman Sachs high-net-worth adviser and CNBC contributor consulted on the sequel Wall Street: Money Never Sleeps, which Stone directed and will screen at the Cannes International Film Festival this month.
But some in the hedge fund world were still in the dark until mid-April, when Skybridge announced it was buying Citis $4.2 billion fund-of-hedge-funds business. This high-profile deal has given Scaramucci what political operatives call the big mo momentum.