Citi Names Ned Kelly Alts President

Jan 30 2008 | 7:17am ET

Citigroup has made a splashy hire to help head its alternative investments unit.

Edward Kelly has been named president of Citi Alternative Investments. He’ll report to John Havens, who remains CEO of the division, though he cedes the title of president to Kelly.

Kelly is a former managing director, head of global financial institutions and co-head of investment banking client management at JPMorgan Chase. Since last year, he has worked at private equity giant The Carlyle Group—his first post with an alternatives firm—on a financial services team. In between, he headed Baltimore-based bank holding company Mercantile Bankshares, which was acquired by PNC Financial Services Group last year.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...