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Citigroup to sell PE unit

Last Updated 08 July 2010, 15:06 IST

StepStone Group will provide management services for the unit.  The sale would mark another step in Citigroup’s efforts to unload its unwanted assets from its Citi Holdings repository.  It includes Citi’s stakes in bank-branded funds-of-funds, mezzanine and co-investment vehicles, it reported.

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(Published 08 July 2010, 15:06 IST)

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