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SOURCE SkyBridge Capital
Firm Licenses Rights to Program Name from Maryland Public Television; Top CNBC Talent Joins SkyBridge to Oversee Program Development
LAS VEGAS, May 15, 2014 /PRNewswire/ -- SkyBridge Capital (SkyBridge), a global investment management firm and producer of the SALT Conference currently underway in Las Vegas, today announced it has licensed the rights to the iconic financial television program "Wall Street Week" from Maryland Public Television. Susan Krakower and Raymond Borelli, both formerly of CNBC, have joined SkyBridge to oversee creative development, programming and distribution plans for the show's revival.
The new Wall Street Week will be an extension of the content, people and predictions that have been the hallmark of the SALT conference since its inception six years ago.
SkyBridge will develop a weekly show and ancillary content utilizing the "Wall Street Week" (WSW) moniker. WSW, originally hosted by Louis Rukeyser, was the must-watch program among investors Friday nights on PBS for 35 years (1970-2005). At its peak, the show aired on more than 300 stations nationwide and had over four million weekly viewers.
"'Wall Street Week' was once the most powerful name in financial television. We will recreate the premier platform for both retail and institutional investors to tune in for a thoughtful analysis of the markets and other relevant financial topics," said Anthony Scaramucci, founder and co-managing partner of SkyBridge.
Ms. Krakower will join SkyBridge as Chief Creative Officer on June 2. Most recently, she served as senior vice president of strategic programming and development at CNBC. In her more than 11 years with the leading financial network, Ms. Krakower was responsible for the creation of numerous programs, including "Mad Money with Jim Cramer" and "Fast Money," two programs that redefined business news.
Mr. Borelli has joined SkyBridge as a managing director of content this past December. Previously, he was senior vice president in charge of strategic research, scheduling and long form programming at CNBC. Mr. Borelli brings more than 25 years of media experience to SkyBridge, having previously held leadership roles at NBC, Fox Broadcasting and the National Basketball Association.
Victor Oviedo, partner and Chief Innovation Officer at SkyBridge, who originated the SALT Conference commented, "We are excited to welcome Susan and Ray to our team. Their combined breadth of programming and media industry experience will serve as a tremendous asset as we build on this initiative – the first of many to extend the impactful content of SALT year-round."
About SkyBridge Capital
SkyBridge Capital is a global investment firm with approximately $10.5 billion in assets under management or advisement as of March 31, 2014. The firm offers investment services for commingled funds of hedge funds products, customized separate account portfolios and hedge fund advisory services. SkyBridge provides investment management products, including long-only mutual funds, portfolio management and advisory services addressing every type of market participant. Headquartered in New York, the firm also has a presence in Zurich, Switzerland.
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