The hurried sale occurred as Scaramucci was looking to fry bigger fish for the Trump administration.
The ink was barely dry on his deal to sell Skybridge Capital and his ever expanding hedge fund conference business when “Mooch,” as he is known in certain Wall Street circles, found his show on the road again, this time in Davos, Switzerland defending the Trump administration to the global elite.
The SkyBridge deal, estimated to be worth $200 million with incentives that could take it to $230 million, came in many parts.
This group was sold to HNA Capital U.S., an active investment business acquirer controlled by Chinese billionaire Chen Feng, as well as RON Transatlantic EG, a holding company for businesses in financial services, logistics, energy and brewing, according to a statement.
The popular SALT investment conference, started in 2005, quickly became one of the top hedge fund industry conferences and is attended by nearly 2,000 annually.