Citi Alternatives to acquire credit specialist Carlton Hill

Fri Nov 2, 2007

Citi Alternative Investments will acquire Carlton Hill Global Capital, a hedge fund startup focused on credit derivatives.

Carlton Hill was cofounded in 2006 by Jim O’Brien and Jon Dorfman, both veterans of Morgan Stanley’s fixed-income group. The firm has about $150 million in equity capital commitments and plans to launch a fund by yearend, according to Citi.

In addition to serving as co-portfolio...

ISSN: 2151-1845 / CDC10004H

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