Not Much Left: Just Four Tribeca Managers Stay At Citi

Oct 9 2007 | 7:00am ET

Tribeca Global Management was founded three years ago to be Citigroup’s flagship hedge fund. But the shuttered group will leave barely a trace.

Just four of Tribeca’s 20 fund managers remain with Citi.

The Wall Street giant closed Tribeca last month, after spending hundreds of millions of dollars to buy $4 billion hedge fund Old Lane and installing founder Vikram Pandit as head of Citi Alternative Investments.

The Tribeca survivors are merger arbitrage trader John Park, convertible arbitrage specialist Andrew Wang, event-driven and merger arbitrage specialist Jeremy Davies and Asian credit trader Aashish Ponda.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note