Citigroup sells CVCI to Rohatyn Group
Citigroup is selling its $4.3 billion private equity unit, Citi Venture Capital International (CVCI), to emerging markets investment firm The Rohatyn Group (TRG) for an undisclosed sum.
According to a release, the deal - which is expected to close in the fourth quarter - will see the group's global footprint expand to 18 offices worldwide with more than $7 billion in total assets under...
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