Tuesday, 28 April 2015
Last updated 26 min ago
Jul 12 2010 | 12:33pm ET
New York-based alternative investment firm SkyBridge Capital has made a strategic investment in Viathon Capital's Whitewater fund.
Under the terms of the deal, which were not disclosed, SkyBridge will provide the New Jersey-based credit-focused hedge fund with long-term strategic capital and business-building support.
The Whitewater fund invests in liquid debt instruments of U.S. and European corporate issuers. The portfolio consists primarily of single-name loans and bonds selected through a fundamental credit research and corporate finance investment process.
Viathon Capital was founded in 2009 by Rob Comizio. Prior to Viathon, Comizio was a managing director at Marathon Asset Management and a senior portfolio manager in the $2.5 billion Special Opportunity Fund.
“Rob Comizio is a proven credit investor who has delivered strong performance in a range of market environments,” said Anthony Scaramucci, managing partner of SkyBridge. “We believe Rob and the Viathon team are well positioned to capture opportunities across the credit markets in a liquid offering.”
Comizio added, “We look forward to our partnership with SkyBridge and leveraging the firm’s business building and investment-support capabilities as well as its risk-management resources. With SkyBridge, we are able to increase our focus on the opportunities that exist throughout the credit markets.”
SkyBridge Capital has approximately $7.4 billion under management and advisory.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…