Anthony 'The Mooch' Scaramucci’s hedge fund investment firm, SkyBridge Capital LLC, suffered heavy losses in March as global markets cratered amid the ongoing novel coronavirus pandemic.

Scaramucci’s firm, which is based in New York, slumped 22.5 percent last month after a big bet on debt investments backfired - bringing its year-to-date losses to 21.9 percent, the Wall Street Journal first reported.

SkyBridge was reported to be managing $5.9 billion in assets in January, but in the two months that have followed that figure has since slumped to $3.9 million.

Now SkyBridge is said to be considering its options after several of the hedge funds they invested in have now blocked clients from withdrawing money, amid the substantial losses.

Scaramucci’s firm, which is based in New York, slumped 22.5 percent last month after a big bet on debt investments backfired - bringing its year-to-date losses to 21.9 percent, the Wall Street Journal first reported

Reports surfaced on Monday that the Mooch - famed for his turbulent and brief stint as President Trump's communications director in 2017 - was considering filing lawsuits against other funds responsible for his hefty losses

Reports surfaced on Monday that the Mooch - famed for his turbulent and brief stint as President Trump's communications director in 2017 - was considering filing lawsuits against other funds responsible for his hefty losses.

But speaking to the Post, Scaramucci discredited the claims, saying: 'I haven’t been in one lawsuit in 31 years,' in reference to his divorce, 'I don’t intend to have any now.'

Since 2016, SkyBridge has primarily focused its investments in structured credit, which includes mortgages, credit cards and corporate loans. In February, the group's main product, Series G, had invested nearly $5 billion in hedge funds and the firm was in the black for the year.

But their fortunes changed drastically in March as the coronavirus pandemic ravaged global markets, in which credit-related investments were hit particularly hard as investors feared the crises would hurt consumers and other borrowers.

The woes caused steep losses for a large portion of SkyBridge's portfolio, because a number of their investments borrowed money or used leverage to increase returns.

One of Series G's largest investments, Angelo Gordon's AG Mortgage Value Partners Fund, was down 31 percent for the month. Another, Metacapital Management LP, lost in excess of 50 percent, the Journal reported.

Adding to the monumental pressures the firm's facing, a number of funds - such as the EJF Debt Opportunities fund - have told SkyBridge and other clients they won't be able to withdraw their money until markets stabilize.

Since 2016, SkyBridge has primarily focused its investments in structured credit, which includes mortgages, credit cards and corporate loans. In February, the group's main product, Series G, had invested nearly $5 billion in hedge funds and helped the firm turn a profit. But their fortunes changed drastically in March as the coronavirus pandemic ravaged global markets, in which credit-related investments were hit particularly hard as investors feared the crises would hurt consumers and other borrowers

One of Series G's largest investments, Angelo Gordon's AG Mortgage Value Partners Fund, was down 31 percent for the month. Another, Metacapital Management LP, lost in excess of 50 percent, the Journal reported

Considered to be a prominent figure in the hedge-fund industry, Scaramucci was one of the first financiers to react to the impending danger of the Covid-19 outbreak.

The 56-year-old told his team of 50 staffers to stay away from the firm's Madison Avenue headquarters some 10 days before Governor Andrew Cuomo ordered a statewide lockdown.

Once a broker for Goldman Sachs, Scaramucci was appointed communications director for the White House in 2017. However he was ousted from the position by Trump just 10 days later, after the New Yorker published an expletive-laden interview in which he fiercely criticized several other senior White House officials.