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In Awful Year for Hedge Funds, Scaramucci’s SkyBridge Made Money

  • Firm’s funds-of-funds returned about 3.6% and 4.5% in 2018
  • ‘I’m back where I belong,’ the former White House aide says
Bloomberg business news
2018 Hedge Fund Winners and Losers

As disastrous as Anthony Scaramucci’s brief turn as White House communications director was, his rebooted career in hedge funds is going much better.

SkyBridge Capital, the investment firm Scaramucci founded and now runs again, made money in one of the worst years ever for the hedge fund industry. Unaudited returns for 2018 were 3.6 percent and 4.5 percent after fees in SkyBridge’s two funds, Scaramucci said in a phone interview.