{"id":5943,"date":"2007-04-17T00:00:00","date_gmt":"2007-04-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"citi-snares-top-hedge-fund-manager","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/04\/2007\/citi-snares-top-hedge-fund-manager.html","title":{"rendered":"Citi Snares Top Hedge Fund Manager"},"content":{"rendered":"<p>  New York &#8211; Citigroup Inc. on Friday hired a new manager for its Citi Alternative Investments unit by buying the man&#8217;s hedge fund.<\/p>\n<p>  New York-based Citigroup, the nation&#8217;s largest financial institution, said it has reached a definitive agreement to purchase Old Lane Partners, which it described as &#8220;the highly regarded manager of  a global, multi-strategy hedge fund and a private equity fund&#8221; with assets of $4.5 billion.<\/p>\n<p>  Financial terms were not disclosed in the announcement.<\/p>\n<p>  Citi said the deal was expected to close in the third quarter and that Old Lane &#8220;will operate as part of Citi Alternative Investments.&#8221;<\/p>\n<p><strong><a href=\"http:\/\/news.moneycentral.msn.com\/inc\/news\/providerredir.asp?Feed=AP&amp;Date=20070413&amp;ID=6744335\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York &#8211; Citigroup Inc. on Friday hired a new manager for its Citi Alternative Investments unit by buying the man&#8217;s hedge fund. New York-based Citigroup, the nation&#8217;s largest financial institution, said it has reached a definitive agreement to purchase [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5943","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5943"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5943\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}