SkyBridge decision on deal to sell firm expected by end of February - CIO

From Reuters - February 13, 2018

NEW YORK (Reuters) - A decision on the sale of SkyBridgeCapital LLC, owned by former White House communications director Anthony Scaramucci, to a consortium that includes Chinese conglomerate HNA Group [HNAIRC.UL] should be made by the end of February, the firms chief investment officer said on Tuesday.

I think well hear one way or another how this is going to shape up by the end of the month, Skybridge CIO Ray Nolte told Reuters in an interview.

I think were getting toward the finish line one way or another, Nolte said. I think this will be a very telling month.

HNA Group first announced its intention to buy a majority stake in the hedge fund investment firm in January 2017.


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