As previously reported by PE HUB sister site/publication Buyouts, Anthony Scaramucci, a member of President-elect Donald Trump‘s transition team, is planning the sale of SkyBridge Capital as he seeks a post within the new administration, Bloomberg reported on Tuesday, citing a source.
Scaramucci left Lehman Brothers in 2005 to start SkyBridge Capital.
Last month Scaramucci said in an interview that he was considering a position in the administration, but was “not jockeying for a job”, Bloomberg reported.
SkyBridge declined to comment.
The investment firm’s assets under management fell to roughly $7.5 billion from $9.2 billion as of Jan. 31, according to the report.
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