SkyBridge Capital has committed to make an investment in Viathon Capital’s Whitewater fund.
Whitewater is a credit opportunity fund focused on liquid debt instruments of US and European corporate issuers.
The portfolio consists primarily of single-name loans and bonds selected through a fundamental credit research and corporate finance investment process.
SkyBridge Capital’s investment is being made from its SkyBridge Capital II Fund. In addition to providing Whitewater with long-term capital, SkyBridge will seek to enhance its investment by providing business-building support.
SkyBridge Capital currently has approximately USD7.4bn under management and advisory.
Rob Comizio, chief investment officer at Viathon Capital, says: "We look forward to our partnership with SkyBridge and leveraging the firm’s business building and investment-support capabilities as well as its risk-management resources. With SkyBridge, we are able to increase our focus on the opportunities that exist throughout the credit markets."
"Rob Comizio is a proven credit investor who has delivered strong performance in a range of market environments," adds Anthony Scaramucci (pictured), managing partner of SkyBridge. "We believe Rob and the Viathon team are well positioned to capture opportunities across the credit markets in a liquid offering."
