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SkyBridge launches $50 million recovery fund - email to investors

Published 02/22/2023, 06:27 PM
Updated 02/22/2023, 06:32 PM
© Reuters. FILE PHOTO: Anthony Scaramucci, founder and managing partner of SkyBridge speaks during the SALT conference in Manhattan, New York City, U.S., September 14, 2022.  REUTERS/David 'Dee' Delgado

NEW YORK (Reuters) - SkyBridge Capital is launching a new fund to acquire holdings in 10-15 companies from distressed investors, the investment firm said in an e-mail seen by Reuters.

© Reuters. FILE PHOTO: Anthony Scaramucci, founder and managing partner of SkyBridge speaks during the SALT conference in Manhattan, New York City, U.S., September 14, 2022.  REUTERS/David 'Dee' Delgado

SkyBridge, founded by Anthony Scaramucci, plans to raise $50 million for its Unicorn Recovery Fund with an expected closing on April 30, according to the email to investors.

SkyBridge declined to comment.

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