Saturday, 29 August 2015
Last updated 9 hours ago
Jan 8 2007 | 11:44am ET
Citigroup Private Equity announced today it has closed a $3.3 billion direct investment fund.
Citigroup Capital Partners II will invest in partnership with other private equity firms, focusing on leveraged buyouts and recapitalizations. The fund will invest in a wide variety of industries, regions and deal sizes.
“We believe there continues to be a significant need for capital in the private equity marketplace,” John Barber, managing partner of Citigroup P.E., a New York-based arm of Citigroup Alternative Investments that oversees some $12 billion in assets, said. “CCP II provides a valuable and timely source of capital that has enabled Citigroup Private Equity to partner with premier private equity firms to seek to build a diverse portfolio of investments.”
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…