FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that SkyBridge Capital co-founder Anthony Scaramucci “expects his clients to tell him that he should take his money out” of SAC Capital. Gasparino went on to say, that Scaramucci has already “removed most of his money” from the firm.
On whether SkyBridge Capital co-founder Anthony Scaramucci will pull out all his money out of SAC Capital:
“What he is telling people – it’s his investor’s decision… his clients will direct him whether or not he should keep his money in SAC Capital. What he is telling people is that he expects his clients to tell him that he should take his money out. That would be a fairly significant blow to SAC Capital.”
The Odey Special Situations Fund was down 0.27% for April, compared to its benchmark, the MSCI World USD Index, which was up 4.65%. For the first four months of the year, the fund is up 8.4%, while its benchmark returned 9.8%. Q1 2021 hedge fund letters, conferences and more The Odey Special Situations Fund is Read More
On how much money Anthony Scaramucci still has in SAC Capital:
“How much money does he have in the firm. I don’t know, but I do know this, he has removed most of his money.”