Scaramucci Leads Bid for SVB Financial's Venture-Capital Arm
TL;DR
Anthony Scaramucci, the former White House communications director, has emerged as a leading bidder for SVB Financial Group's venture-capital arm. Scaramucci's investment firm, SkyBridge Capital, is reportedly in talks to acquire the unit, which manages around $3.7 billion in assets. The potential deal highlights Scaramucci's interest in expanding his firm's presence in the venture-capital industry.
- Scaramucci Emerges as a Leading Bidder for SVB Financial's Venture-Capital Arm - WSJ The Wall Street Journal
- SVB Capital closes in on deal to be bought out of bankruptcy: report MarketWatch
- SVB Financial nears deal to sell VC arm, Scaramucci leading bidder - WSJ Reuters
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