Trump Aide Sells China an Entree to Wall Street Hedge Funds
Rick Carew and Lisa Beilfuss and Kane Wu, THE WALL STREET JOURNAL
An adviser to President-elect Donald Trump is giving China an entree into the elite world of US hedge funds. Anthony Scaramucci, a loyal Trump surrogate known as “The Mooch,” is selling his controlling stake in SkyBridge Capital—which manages roughly $12 billion—to Chinese conglomerate HNA Group and investment partner RON Transatlantic EG in a deal that values SkyBridge at around $200 million, according to people familiar with the situation.
No Longer Welcome? American Companies Fear China’s Turning Its Back on Them
Simon …read more
Source: Victims of Communism