One of Anthony Scaramucci’s Skybridge Capital funds has suspended redemptions because private company stock has become more illiquid. Sources told Bloomberg that the Legion Strategies fund now has around 20% of its portfolio in private stocks including crypto exchange FTX, and another 10% in cryptocurrencies.
Skybridge acts as a fund of funds, and has several cryptocurrency funds including for Bitcoin and Ethereum which are part of the Legion Strategies crypto exposures.
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