{"id":13904,"date":"2010-02-01T09:50:27","date_gmt":"2010-02-01T13:50:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13904"},"modified":"2010-02-01T09:51:26","modified_gmt":"2010-02-01T13:51:26","slug":"citigroup-plans-huge-liquidation-sale-of-private-equity-hedge-fund-units","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2010\/citigroup-plans-huge-liquidation-sale-of-private-equity-hedge-fund-units.html","title":{"rendered":"Citigroup Plans Huge Liquidation Sale Of Private Equity, Hedge Fund Units"},"content":{"rendered":"<p>The Business Insider<strong> &#8211; <\/strong>Citigroup is looking to sell its Citi Private Equity unit, according to Bloomberg, and hoping to raise as much as $10 billion in the process.<\/p>\n<p>The first, obviously, is the cash. It will help with its ongoing deleveraging. The second is the <a href=\"http:\/\/www.hedgeco.net\/blogs\/2010\/01\/25\/the-volcker-rule\/\" target=\"_blank\">Volcker Rule,<\/a> would likely have forced the company to dump the unit &#8212; which manages about $2 billion of the company&#8217;s money.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/citigroup-plans-huge-liquidation-sale-of-private-equity-hedge-fund-units-2010-2\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Business Insider &#8211; Citigroup is looking to sell its Citi Private Equity unit, according to Bloomberg, and hoping to raise as much as $10 billion in the process. The first, obviously, is the cash. It will help with its [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-13904","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13904"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13904\/revisions"}],"predecessor-version":[{"id":13907,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13904\/revisions\/13907"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}