HedgeCo.net – New York based hedge fund investor SkyBridge Capital, announced plans to invest in Ironshield Capital Management, a London-based hedge fund scheduled to launch later this year.
Ironshield Capital Management is the latest in a series of investments that SkyBridge has made in up and coming hedge funds. Other hedge funds they have arranged financing for include WestportCapital Partners, Brompton Cross Capital Advisers, Abdiel Capital and Outpoint Capital Management.
SkyBridge will provide Ironshield with a team of people to help build up the new fund’s operation. The amount of the investment was not disclosed. Ironshield is led by David Nazar, previously aprincipal at Bank of America in London.
SkyBridge Capital is a seeding firm created in 2005 by Anthony Scaramucci, co-founder of Oscar Capital, a hedge fund acquired in 2001 by Neuberger Berman; and Andrew Klein,co-founder of Soleil Securities Group.
Alex Akesson
Contributing Writer
HedgeCo.Net
Email: [email protected]
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