Hedge Fund Industry Down But Not Out Says SkyBridge's Scaramucci

Hedge funds may be down due to widespread redemptions, but they are certainly not out, says Anthony Scaramucci.
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Hedge funds may be down due to widespread redemptions, but they are certainly not out, says Anthony Scaramucci, author of Hopping Over the Rabbit Hole. Scaramucci founded SkyBridge Capital, a global alternative investment firm with $12.3 billion in assets, after starting Oscar Capital Management, which was later acquired by Neuberger Berman and ultimately Lehman Brothers. Scaramucci started his investment career at Goldman Sachs in the firm's private wealth division. He is also the host of TV's "Wall Street Week" and the podcast "The Motivation Inside".