Tuesday, 22 July 2014
Last updated 8 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…