Hedge Funds

Citigroup taps execs to head hedge fund initiative


Citigroup executives Steve Bowman and Jim O'Donnell have been appointed co-heads of the global corporate and investment bank's Global Hedge Fund Initiative, according to an internal announcement from Tom Maheras, head of global capital markets for Citigroup. Bowman, currently the head of global fixed income sales, and O'Donnell, head of U.S. equities, will retain their current roles in addition to their new roles as co-heads of global hedge fund initiatives.

Maheras wrote that the pair's efforts "will be critical to increasing our already substantial hedge fund business. Their initial focus will be on establishing their leadership team and