Wednesday, 24 August 2016
Last updated 4 hours ago
Mar 2 2007 | 1:52pm ET
SkyBridge Capital, which provides seed capital to emerging hedge funds, has made an investment in Outpoint Capital Management, a value-oriented, long/short equity shop. In addition to providing Outpoint with long-term capital, SkyBridge will also devote a team of professionals to provide Outpoint with “business-building support.”
Outpoint, which employs a contrarian, deep-value strategy, was launched in May 2005 and is led by managing partner Jordan Grayson. Previously, Grayson served as a senior investment professional at Alson Capital Partners, a value-oriented, long/short equity shop.
Anthony Scaramucci, managing member of SkyBridge, said, “Since 2005, when he launched Outpoint Capital, and before that as an investment professional at two other successful investment partnerships, Jordan Grayson has achieved a strong record as an investor applying the same value-oriented, long/short investment strategy that underpins this fund.”