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May 08, 2019  

Challenger Exits SkyBridge Position

Challenger Financial has sold its stake in Anthony Scaramucci’s SkyBridge Capital.The Adelaide, Australia, investment manager, which acquired a 10% stake in the fund-of-funds operator in 2008, “disposed of the investment” for about $3 million, according to a filing last month with U.K. corporate registrar Companies House. That would value SkyBridge at just $30 million or so — though its possible the transaction involved...

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