Tuesday, 28 July 2015
Last updated 7 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…