Tuesday, 31 March 2015
Last updated 1 hour ago
Feb 15 2013 | 2:20am ET
Citigroup has moved a prime brokerage executive to its private bank to help it build its hedge fund and alternative investments strategy.
Keith Gertsen will join Citi Private Bank next month in Greenwich, Conn. In addition to shaping its alternatives strategy, Gertsen will focus on netting new clients and dealing with key client relationships.
"Keith has been integral in sharpening the focus across the firm on deepening hedge fund relationships, and this experience will be instrumental in helping shape the Private Bank’s approach to the alternative manager client base," new boss Paul Hubert said.
Gertsen was most recently head of sales and distribution in the Americas in Citi's prime finance division. Before joining the bank in 2010, he was global head of trading at hedge fund Viking Global Investors.
"Having worked in the hedge fund and alternative investments community and understanding the complex solutions required for our clients in that space, I am excited to combine our clients’ needs and Citi’s depth and breadth of products to provide fresh ideas and a focus on execution and superior service," Gertsen said.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…