SkyBridge eyeing China's hedge fund potential
The US-based fund of hedge funds believes a healthy future is in store for China's hedge fund sector, in which it hopes to participate via a Hong Kong office.
SkyBridge Capital is eyeing the potential of China's burgeoning hedge fund industry, with tentative plans to open a Hong Kong office which would serve as a gateway to the sector.
The US-based fund of hedge funds firm plans to open a Singapore office by the first quarter of 2013, with the launch of a $250-$500 million Asia-focused fund by the end of next year, according to SkyBridge founder and managing partner Anthony Scaramucci.
A Hong Kong office may follow in 2014, he adds …
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