Citi To Pull $410 Million From Paulson

Aug 24 2012 | 1:12pm ET

Citigroup's private bank will redeem about $410 million from Paulson'  & Co.'s flagship hedge funds, which posted double-digit losses last year and are on pace to do the same again this year, and two other hedge funds The Citi withdrawal amounts to more than 2% of the New York-based hedge fund's $19.5 billion in assets.


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