Tuesday, 5 May 2015
Last updated 10 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.
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…