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

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note