Wednesday, 26 November 2014
Last updated 12 hours 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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