May

Chinese Firm Scraps Deal to Buy Anthony Scaramucci’s Hedge Fund

Anthony Scaramucci, the Wall Street investor whose short tenure as President Trump’s White House communications director elevated him to national prominence, is not going to sell his hedge fund company to a Chinese conglomerate after all, the two companies announced on Monday.

The conglomerate, HNA Group, is closely tied to the Chinese government. In a joint statement, HNA and Mr. Scaramucci’s firm, SkyBridge Capital, said the two sides had agreed not to pursue the deal, but would still work together to try to sell SkyBridge’s offerings to Chinese investors…

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Chinese Firm Scraps Deal to Buy Anthony Scaramucci’s Hedge Fund

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