Skybridge Preps Third Hedge Fund Seeding Vehicle

New York-based SkyBridge Capital is preparing its third hedge fund seeding vehicle for launch in May. The $1.6 billion firm plans to raise $250 million for Skybridge Fund 3, closing out is fundraising by the end of the summer.

SkyBridge is in talks with a number of large institutions about anchoring the fund, according to Anthony Scaramucci, managing partner.