Citigroup Alternative Investments - February 2007
Citigroup Alternative Investments (CAI) came close – “reasonably close,” is the way Dean Barr puts it – to buying Amaranth Advisors after the hedge fund imploded last September, losing $6 billion bad energy bets in one week.
Citigroup thought of buying Amaranth and is still looking to expand, as Tribeca’s Dean Barr told Phyllis Feinberg in New York
Citigroup Alternative Investments (CAI) came close – “reasonably close,” is the way Dean Barr puts it – to buying Amaranth Advisors after the hedge fund imploded last September, losing $6bn on bad energy bets in one week.
Barr, who runs the hedge fund division – his actual title is head of liquid alternative investments and chief executive officer of Tribeca Global
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