persuaded Anthony Scaramucci to make a disastrous investment in cryptocurrency — costing his hedge fund tens of millions of dollars, according to a report.
After coming aboard, Messing oversaw a real estate fund that sought to take advantage of government-designated “opportunity zones.” That decision, which was opposed by employees on the investment team, proved to be disastrous as the positions eventually rebounded, according to Bloomberg.“He’s a little bit of a sharp elbow, but I have an enormous amount of confidence in Brett Messing,” Scaramucci told Bloomberg. “He’s incredibly smart, technically gifted and a very capable guy.”
At the time, Bitcoin had crossed the $50,000 threshold, but the risk of investing in digital assets prompted some staffers at SkyBridge to sound the alarm.