{"id":34269,"date":"2013-03-05T08:04:37","date_gmt":"2013-03-05T13:04:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34269"},"modified":"2013-03-05T08:16:44","modified_gmt":"2013-03-05T13:16:44","slug":"hedge-fund-firm-splits-from-citigroup","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2013\/hedge-fund-firm-splits-from-citigroup.html","title":{"rendered":"Hedge Fund Firm Splits From CitiGroup"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/03\/road-split-300x232.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-34271\" alt=\"road-split-300x232\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/03\/road-split-300x232.jpg\" width=\"170\" height=\"239\" \/><\/a>New York (HedgeCo.Net) &#8211; Hedge fund asset management firm, Napier Park Global Capital, has completed its spinout from Citigroup. Napier Park has approximately $6.8 billion in assets under management, a four-year operational track record and more than 100 employees in offices in New York and London.<\/p>\n<p>Napier Park Global Capital is now majority-owned by the firm\u2019s employees and has a diversified product mix including hedge funds, single investor accounts, CLOs and private investing.<\/p>\n<p>&#8220;We are very pleased to have successfully completed the transition of certain businesses of CCA into a fully independent asset management firm in the form of Napier Park Global Capital,&#8221; said co-CEO Jim O\u2019Brien. &#8220;Within this new employee-owned and controlled structure, our interest and the interests of our clients are in complete alignment.&#8221;<\/p>\n<p>Under the terms of the transaction, Citigroup will be a minority shareholder in Napier Park Global Capital. Additional terms of the transaction were not disclosed.<\/p>\n<p>Alex Akesson<br \/>\nFor <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Hedge fund asset management firm, Napier Park Global Capital, has completed its spinout from Citigroup. Napier Park has approximately $6.8 billion in assets under management, a four-year operational track record and more than 100 employees in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-34269","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34269","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=34269"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34269\/revisions"}],"predecessor-version":[{"id":34274,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34269\/revisions\/34274"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}