Sacramento, CA – CXO Ventures, a Northern California-based venture capital firm, has invested in SkyBridge Capital, an investment firm seeding emerging hedge fund managers. In strategic partnership with MSD Capital, the private investment fund of Michael S. Dell, SkyBridge will seed promising hedge fund managers and provide them with business building support and fundraising capabilities.
SkyBridge is founded by Andrew Klein and Anthony Scaramucci. Mr. Klein is a former securities lawyer and serial entrepreneur who previously founded Spring Street Brewing Company, Wit Capital, and Soleil Securities. Mr. Scaramucci is a former Goldman Sachs banker and investment manager who co-founded Oscar Capital, which was acquired by Neuberger Berman and subsequently by Lehman Brothers.
About CXO Ventures CXO Ventures is a Northern California venture capital firm founded in 2005. CXO Ventures creates long-term value by helping entrepreneurs build sustainable enterprises. Representative investments include American River Capital Group and Soleil Securities. For more information, go to www.cxoventures.com.