Saturday, 20 September 2014
Last updated 18 hours ago
Apr 29 2008 | 8:54am ET
Seeding firm SkyBridge Capital has made an undisclosed investment in Capital Returns Master, Ltd., a global long/short equity hedge fund focused on the insurance industry, from its SkyBridge Capital Partners, L.P. and SkyBridge Capital (Cayman) Ltd. Funds.
In addition to providing Capital Returns with long-term strategic capital, SkyBridge will provide business support to the firm, which was founded by Ronald Bobman in 2003. Prior to founding the firm, Bobman was a portfolio manager at Bedford Oak Advisors.
“The Capital Returns team, led by Ron Bobman, is differentiated by its deep insurance industry experience and strong portfolio and risk management disciplines,” said Anthony Scaramucci, managing partner of SkyBridge Capital. “We were also attracted to Mr. Bobman’s consistent record of strong investment returns over the nearly five-year period since the fund’s inception.”
New York-based SkyBridge Capital and its underlying managers currently have approximately $1.5 billion under management.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.