Fri, Aug 29, 2014
A A A
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

amb
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest