Citigroup Alternative Investments Seeds New Credit Hedge Fund

Citigroup Alternative Investments is seeding a new hedge fund run by Viathon Capital. Viathom recently launched the Whitewater Master Fund, a credit opportunity fund focused on non-correlated absolute returns.

The fund employs a fundamental, credit-intensive research process aimed at identifing long and short investment opportunities in the United States and Europe. The fund’s objective is to seek long term capital appreciation by investing in high yield and investment grade corporate bonds and bank debt.