Friday, 27 November 2015
Last updated 1 day ago
Jul 2 2007 | 2:42pm ET
Citi has completed the acquisition of hedge fund and private equity firm Old Lane Partners, following regulatory approval. Old Lane will now operate as part of Citi Alternative Investments.
Old Lane has total assets under management and private equity commitments of approximately $4.5 billion.
Citi Alternative Investments is an alternative investment platform that manages a wide range of products across four asset classes, including private equity, hedge funds, real estate and structured products. CAI manages capital on behalf of Citi, as well as third-party institutional and high net worth investors. As of March 31, CAI had approximately $53.7 billion of un-levered assets under management.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…