SkyBridge Capital, a New York firm that invests in new hedge funds, said it will make an investment in Ironshield Capital Management, a London-based hedge fund scheduled to launch later this year.

SkyBridge will provide Ironshield with a team of people to help build up the new fund’s operation. The amount of the investment was not disclosed.

Ironshield is led by David Nazar, previously a principal at Bank of America in London.