Essay: Alternative Investments
Alternative investment division is relatively young arm of the Citigroup founded in 2005. This division is geared towards enabling Citi to enter the booming market for assets that are not highly traded in the public capital markets.
To make this division effective, their operations are composed of 11 separate investment groups enabling the arm to provide a range of investment guidance across asset classes and geography. Despite good performance of the Citi private equity and Citi Venture Capital, Tribeca’s performance has been flat since inception of the package. This can be attributed to the fact that the hedge fund market is saturated and that Citigroup alternative investment division must focus on other countries that have yet to receive substantial investment.