BusinessWeek – John Havens, who stepped down from Citigroup Inc. on the same day Chief Executive Officer Vikram Pandit resigned in October 2012, will join the bank’s former hedge-fund arm as non-executive chairman and partner.
The firm, now known as Napier Park Global Capital, will provide an office to Havens at its 399 Park Ave. headquarters in Manhattan, Mickey Mandelbaum, a spokesman for the $5.6 billion hedge fund, said in a phone interview. Havens will focus on senior-client relationships and generate ideas for how to expand the business, which spun out of Citigroup last year.
