Anthony Scaramucci's investment firm slumps 22% amid coronavirus rout, report says

"SkyBridge Capital, the investment firm founded by Anthony Scaramucci, slumped in March as the coronavirus pandemic roiled global markets.

The firm's flagship fund sank 22.5% in March, bringing its year-to-date losses to 21.9%, The Wall Street Journal reported Monday, citing an investor document. The fund was weighed down in March by big bets on debt investments, according to the report. SkyBridge invests in hedge funds instead of individual assets.

Now, several of the funds that SkyBridge invested in have blocked clients from withdrawing money amid the losses, according to the report. "

https://markets.businessinsider.com/news/stocks/anthony-scaramucci-skybridge-capital-slumped-coronavirus-market-rout-debt-returns-2020-4-1029086987