SkyBridge Capital

also referred to as: skybridge

19 statements across 2 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Jul 9, 2018 by Anthony Scaramucci · said 69 times in 3 episodes since 2018 · across every show →

Mentions by year

brought up most by Ted Seides (38), Anthony Scaramucci (29), Steve Kuhn (2)

tap a year for its mentions
00201401201820192020202120222023episodesmentions
011201820192020202120222023episodes it came up in
00200.5401201820192020202120222023episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about SkyBridge Capital, oldest first

Jul 9, 2018
Assertion Supported
Scaramucci: SkyBridge allocates roughly 65% of its portfolio to 8-10 managers
“Our top eight to 10 investments, our hedge fund managers that we give money to, are probably 65% of the portfolio.”
Anthony Scaramucci Jul 9, 2018 ▶ 22:59 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Assertion Not checkable as stated
Scaramucci: SkyBridge maintains three- to seven-year durations with managers
“Another thing is, even though we have this turnover, if you looked at our duration with managers, we're three to seven years, depending on the manager”
Anthony Scaramucci Jul 9, 2018 ▶ 24:31 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018 positive
Assertion Not checkable as stated
Scaramucci: SkyBridge had almost no employee turnover over eight years
“So, we're 13 years old. We've had hardly any turnover the last eight years.”
Anthony Scaramucci Jul 9, 2018 ▶ 46:02 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Disclosure
Scaramucci: SkyBridge lost seeding investments in seven of eight managers in 2008
“And so we raised a three hundred and thirty million dollar fund. We seeded eight managers. One manager is still doing quite well, Westport Capital Partners, and we still own a piece of that firm on their great guys and they went on to win. But unfortunately, o…”
Anthony Scaramucci Jul 9, 2018 ▶ 15:44 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018 positive
Disclosure
Scaramucci: SkyBridge increased its allocation to Dan Loeb over the past year
“We have more money with him today than we did a year ago, but a year ago we had way less money with him than we did three years ago”
Anthony Scaramucci Jul 9, 2018 ▶ 25:10 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Disclosure
Scaramucci: SkyBridge had to redeem capital from Abdiel due to fund redemptions
“There's one guy, he runs a firm called Abdiel, Connor Morant, and we seeded him, and then unfortunately I had to pull my money from him because I was getting heavy redemptions.”
Anthony Scaramucci Jul 9, 2018 ▶ 16:09 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Disclosure
Scaramucci: I liquidated all personal assets to fund SkyBridge
“And so I liquidated, in addition to the mortgage I had on my house, I liquidated all of the assets that I had, and I took all of that money, and I put it into what ultimately became Skybridge's business today.”
Anthony Scaramucci Jul 9, 2018 ▶ 19:16 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Assertion Not publicly verifiable
Scaramucci: Dick Fuld gave SkyBridge $10M in balance sheet capital
“Dick Fould gives me ten million dollars of balance sheet capital put in my fund.”
Anthony Scaramucci Jul 9, 2018 ▶ 13:50 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Assertion Partly supported
Scaramucci: SkyBridge maintains 35% to 40% portfolio turnover
“We have probably a 35 to 40% turnover on our portfolio as we're searching for the right recipe to generate that eight to nine percent return.”
Anthony Scaramucci Jul 9, 2018 ▶ 23:40 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Assertion Supported
Scaramucci: SkyBridge grew Citi fund of funds from $1.4B to $14B
“So that business was 1.4 billion dollars. We got it up to 14, and it's now about 10 and a half billion.”
Anthony Scaramucci Jul 9, 2018 ▶ 19:46 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018
Disclosure
Scaramucci: I own 45% of SkyBridge Capital and control the vote
“I'm the, basically the majority shareholder, because I have 45% of the company, but I control the vote here, so, I mean, even if these guys didn't want me back, I could have voted myself back in, right?”
Anthony Scaramucci Jul 9, 2018 ▶ 49:12 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jul 9, 2018 negative
Assertion Supported
Scaramucci: CFIUS blocked the SkyBridge sale on dubious national security grounds
“The Genworth deal just gets approved by CFIUS, but the Skybridge deal doesn't, and it's not approved for national security reasons, ok?”
Anthony Scaramucci Jul 9, 2018 ▶ 36:34 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Jan 16, 2023 neutral
Disclosure
Scaramucci: I plan to hold onto SkyBridge Capital forever
“So I decided that I'm gonna just ride this thing into the sunset, Ted, ok? I'm just gonna hold onto this thing forever.”
Anthony Scaramucci Jan 16, 2023 ▶ 6:49 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Jan 16, 2023 bullish
Prediction Not checkable as stated
Scaramucci bets firm and personal assets that crypto pays off by 2028
“If I stay invested and my long-term thesis is correct, my clients are going to be unbelievably well-rewarded, and this is probably a really good time to buy. I'm willing to bet, obviously, the firm and my personal assets that five years from now, we're going t…”
Anthony Scaramucci Jan 16, 2023 ▶ 42:00 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Jan 16, 2023 neutral
Disclosure
Scaramucci: SkyBridge bought its first Bitcoin around $16,000 to $17,000
“I think we bought our first Bitcoins in the 16 to 17,000 zone, which ironically is where it is right now.”
Anthony Scaramucci Jan 16, 2023 ▶ 17:56 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Jan 16, 2023 neutral
Disclosure
Scaramucci: SkyBridge allocated 10% to 15% of its portfolio to crypto
“Or you can do what we did, which is a 10 to 15% position in the portfolio, which is sizable in a portfolio like ours.”
Anthony Scaramucci Jan 16, 2023 ▶ 21:15 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Jan 16, 2023
Disclosure
Sam Bankman-Fried paid $45M for 30% of SkyBridge with an 85% option
“He bought 30% of the company. It's in the paper now, so it's okay to talk about it. He paid forty-five million for 30% of the company. It was an understanding that he had a right over three years to buy 85% of the company at some point.”
Anthony Scaramucci Jan 16, 2023 ▶ 28:37 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Jan 16, 2023
Disclosure
Scaramucci is negotiating to buy back FTX's 30% stake in SkyBridge
“I'm in the process of negotiating with the bankruptcy people the repurchase of the 30% stake that Sam bought in the company”
Anthony Scaramucci Jan 16, 2023 ▶ 51:51 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Jan 16, 2023 neutral
Disclosure
SkyBridge's FTX deal was priced at five times revenues
“I think in the transaction that we consummated with Sam, I think it was at five times revenues. That seemed to be where the market was at the time. I didn't ask for six times revenues. I didn't ask for five and a half times revenues. Seems like that seemed to …”
Anthony Scaramucci Jan 16, 2023 ▶ 11:22 Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.