Scaramucci letter shows SkyBridge Capital sold credit fund stakes - Business Insider

Here's how Anthony Scaramucci's SkyBridge offloaded stakes in 2 funds after credit markets seized up

LEAKED MEMO: Anthony Scaramucci mourns his relationship with $2.2 trillion Merrill Lynch after it downgraded SkyBridge's main fund

Spokespeople for EJF and Hildene declined to comment, and SkyBridge did not respond to requests for comment. Because EJF and Hildene funds had gated their funds, SkyBridge had to find other investors who wanted to buy up SkyBridge's investments in the fund through secondaries transactions. The deals can be complicated because a seller has to line up one or multiple buyers.

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