People moves

Citi prime finance unit beefs up cap intro effort for pensions

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Citi’s Prime Finance Group has hired James Kelly to enhance its capital introductions capabilities for its hedge fund client base. Kelly joins Citi as director and pensions’ specialist within prime finance’s capital introductions group.

Kelly was previously at Morgan Stanley where he initiated and developed its pension solutions group and most recently served as head of transition management in the Americas, covering pension funds. At Citi, Kelly will be based in New York and will report to Elizabeth Neely, US head of capital introductions.

“As more pension funds move directly into alternative investments, most specifically hedge funds, it