Sat, Nov 28, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SkyBridge increases AuM by almost $2bn YTD, moves assets to event-driven and equity strategies

Tuesday, December 17, 2013

Ray Nolte
Benedicte Gravrand, Opalesque Geneva:

SkyBridge Capital, a New York-based global alternative investment firm formed in 2005, had $9 billion in assets under management (AuM) or advisement as of October 31, 2013. The firm increased its AuM by almost $2bn so far this year. It had $7.6bn in AuM two years ago (in September 2011), and $7.1bn at the end of December 2012.

According to a report an investor sent to Opalesque, the SkyBridge Multi-Adviser Hedge Fund Portfolios LLC (series G), a multi-strategy fund of hedge funds registered under the Investment Company Act of 1940, is up 9.73% YTD (to end-October). It has annualized 7.67% since its January 2003 inception, compared to 3.94% for the HFR Fund of Funds Composite Index during the same period, 8.78% for the S&P500 Total Return Index and 4.67% for the Barclays Aggregate Bond Index. The fund had $2.7bn in AuM in August, 2012. It now manages $4.5bn, an increase of $1.8bn over 14 months.

Outlook Ray Nolte......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November