Tue, Dec 6, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released