Sky to Bridge Capital from the Gulf

New York based SkyBridge Capital, a hedge manager fund backed by Michael Dell is looking to raise $500 million towards launching a fund.They have approached Qatar Investment Authority and the Abudhabi Investment Authority.

Skybridge came into the news when providing hedge fund seed capital to talented managers without necessarily investing in their portfolio became the new fad.

Yet another company whose website has zilch info.Don't beleive me, check it out for yourself [link]