Citi Alternative Investments will acquire Carlton Hill
Global Capital, a hedge fund startup focused on credit
Carlton Hill was cofounded in 2006 by Jim OBrien and
Jon Dorfman, both veterans of Morgan Stanleys
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 managers for...