Sep 3 2013 | 12:11pm ET
Citigroup is all-but-out of the alternative investments business following the sale of more than $6 billion in assets, including a $4.3 billion private-equity fund.
Citi sold its Citi Venture Capital International to p.e. shop Rohatyn Group, led by Felix Rohatyn's son, Nick. Citi last month also sold a $1.9 billion emerging-markets hedge fund to its management, the latest in a string of management buyouts for Citi alternative investments business.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…