Business Standard

The network effects

Descriptions of superhubs are more often condensed into a few pages

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Ishan Bakshi
Superhubs
How the financial elite and their networks rule the world
Sandra Navidi
Nicholas Brealey Publishing 
289 pages; Rs 599

In 2010, Anthony Scaramucci, the founder of SkyBridge Capital, a US-based hedge fund, approached Vikram Pandit, then chief executive officer (CEO) of Citigroup, hoping to buy Citi’s $4-billion portfolio of hedge funds. Mr Pandit obliged. 

Overnight, SkyBridge’s assets under management shot up to $6 billion, catapulting the hedge fund into the big league. 

Where did the conversation begin? Davos. 

Networking matters. And perhaps there is no other place in the world that provides a better platform to do so than the World Economic

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