Business Standard – Sutesh Sharma, who heads a team of Citigroup Inc proprietary traders, intends to leave the company and start a hedge fund, two people familiar with the plan said.
Sharma, 48, has held discussions with potential investors about raising money for his own firm, said the people, who asked not to be identified because the information is private. Sharma, who’s based in London and leads the bank’s Principal Strategies unit, may be joined at the fund by members of his team, two people briefed on the moves said.
