Citi’s Falcon hedge fund head to leave -WSJ

NEW YORK, May 21 (Reuters) – The head of Citigroup Inc’s (C.N: Quote, Profile, Research) Falcon Strategies hedge fund is leaving the company, the Wall Street Journal reported on its website on Wednesday.

Reaz Islam will remain at Citigroup’s alternative investments unit “for a transition period,” the Journal reported, citing an internal Citi memo.

Citi officials were not immediately available to comment. (Reporting by Paritosh Bansal; Editing by Gary Hill


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