{"id":16489,"date":"2010-07-01T07:21:48","date_gmt":"2010-07-01T11:21:48","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16489"},"modified":"2010-07-01T07:40:05","modified_gmt":"2010-07-01T11:40:05","slug":"skybridge-completes-acquisition-of-citis-fohfs-hedge-fund-seeding-and-advisory-businesses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2010\/skybridge-completes-acquisition-of-citis-fohfs-hedge-fund-seeding-and-advisory-businesses.html","title":{"rendered":"SkyBridge Completes Acquisition of Citi&#8217;s FoHFs, Hedge Fund Seeding and Advisory Businesses"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/07\/citigroup630.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-16490\" title=\"citigroup\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/07\/citigroup630-300x187.jpg\" alt=\"\" width=\"300\" height=\"187\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/07\/citigroup630-300x187.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/07\/citigroup630.jpg 640w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.net) &#8211; $7.4 billion global       alternative investment firm, SkyBridge       Capital (SkyBridge) has completed its  acquisition       of the fund of hedge funds, hedge fund seeding and hedge fund  advisory       businesses from Citi Alternative Investments LLC (CAI).<\/p>\n<p>The hedge fund manager now offers  investment       services across Commingled Funds of Funds Products;  Custom       Portfolios; Hedge Fund Seeding and Hedge Fund Advisory Services.\u00a0 Terms of the transaction were not disclosed.<\/p>\n<p>Raymond       Nolte, who has led the hedge fund group at CAI since 2005, joins       SkyBridge as a managing partner and chief investment officer. He  brings       with him a team of more than 20 professionals.<\/p>\n<p>\u201cWe are excited to announce completion of this deal and to welcome  the       new team members to SkyBridge,\u201d said Anthony       Scaramucci, founder of SkyBridge Capital. \u201cOur comprehensive suite       of investment offerings, backed by an experienced, hands-on global  team       and thoughtful and thorough approach to risk management, offers  great       opportunity to a diverse set of investors.\u201d<\/p>\n<p>James Greenberg, founder of Sandton Partners, LLC, a New  York-based       advisory firm, acted as the exclusive financial advisor to  SkyBridge on       the acquisition. &#8220;The combined SkyBridge\/Citi Alternative  Investments       business led by Scaramucci, Prince and Nolte, is uniquely  positioned to       serve as one of the most scalable global alternative platforms.&#8221;<\/p>\n<p>Editing by Alex Akesson<br \/>\nFor <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; $7.4 billion global alternative investment firm, SkyBridge Capital (SkyBridge) has completed its acquisition of the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments LLC (CAI). The hedge fund [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,3],"tags":[],"class_list":["post-16489","post","type-post","status-publish","format-standard","hentry","category-activist-funds","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16489"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16489\/revisions"}],"predecessor-version":[{"id":16504,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16489\/revisions\/16504"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}