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Peter Carey joins Skybridge as managing director

Staff writer |
New York, USA - November 10, 2010, New York, USA - SkyBridge Capital, a global alternative investment firm, announced that Peter Carey, former director of Absolute Return Strategies for the New York State Common Retirement Fund, has joined as a managing director to lead SkyBridge Direct, the firm’s hedge fund solutions business for institutional investors.



Prior to joining SkyBridge, Mr. Carey led the successful restructuring of the New York Common Retirement Fund’s $4 billion hedge fund portfolio. Under his direction, and amidst the market crisis of 2008 and a corruption scandal, the hedge fund investment portfolio was rebuilt to become recognized by Institutional Investor as “Large Public Pension Plan Investor of the Year in 2010.”

Prior to joining the New York State Common Retirement Fund, Mr. Carey served in the institutional fixed income department at Bear Stearns. A graduate of the United States Military Academy at West Point, he served as an infantry officer in various positions of leadership at the battalion and company level.

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