SkyBridge Capital, the hedge fund seeding vehicle set up by Michael Dell's family office, has made its third investment this year - providing strategic capital to the newly formed Abdiel Capital of New York.
SkyBridge Capital will also devote a team of professionals to provide the firm with business-building support.
Abdiel, which began trading in March, is led by Colin Moran and Geoff Gentile. The firm runs a long-biased equity fund focused on concentrated value investments.
Moran, Abdiel's managing director, is a former partner at Chieftain Capital, a long-only concentrated value fund. Prior to that, Moran worked as