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Alternative Market Briefing

SkyBridge opens office in Palm Beach County

Thursday, March 05, 2015

amb
Anthony Scaramucci
Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens.

Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

The new office will initially serve as the firm’s regional headquarters for Southeast sales and marketing, and may grow over time.

"We couldn't be more excited to establish a foothold in Florida," said Ray Nolte, co-managing partner and CIO of SkyBridge Capital. "The State is leading the nation in economic and job growth, offers attractive tax policies and is one of the top regions from which we are raising assets. We expect it to be a steady growth market for the firm."

To validate the firm’s commitment and to make its mark, SkyBridge’s founder Anthony Scaramucci joined West Palm Beach Mayor Jeri Muoio and private sector partner P3GM to announce that SkyBridge Capital would be the title sponsor of the city's first-ever bike share program, "SkyBike," which will begin in the spring. That move should be a first in the history of hedge fund advertising and marketing, if there is ever one.

Scaramucci, who regularly appears on Fox Business Ne......................

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