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Election 2024

Scaramucci's SkyBridge Launching a Bitcoin Fund

Anthony Scaramucci's $9.2B hedge fund manager is launching its first bitcoin fund.

By Danny Nelson
AccessTimeIconDec 21, 2020 at 5:28 p.m. UTC
Updated Aug 19, 2021 at 6:16 a.m. UTC
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Anthony Scaramucci's hedge fund SkyBridge Capital filed documents with the U.S. Securities and Exchange Commission Monday for what appears to be its first bitcoin fund.

The $9.2 billion asset manager filed a Form D for "SkyBridge Bitcoin Fund L.P.," a private securities offering open only to accredited investors buying at least $50,000. The fund's strategy and means of exposure were unavailable at press time.

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    • SkyBridge granted two of its funds permission to "seek exposure to digital assets" in mid-November without specifically mentioning bitcoin. Since then, fund founder Anthony Scaramucci, who became known to broader public during his 11-day tenure as White House communications director for President Donald Trump, has further dabbled in bitcoin rhetoric through conversations with MicroStrategy CEO Michael Saylor.

    The Monday filings reveal SkyBridge has a newfound interest in chasing the oldest cryptocurrency more directly.

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