Growth by acquisition likely for Tribeca

Citigroup Alternative Investments (CAI) came close - "reasonably close," is the way Dean Barr puts it - to buying Amaranth Advisors after the hedge fund imploded last September, losing $6bn on bad energy bets in one week.

Barr, who runs the hedge fund division - his actual title is head of liquid alternative investments and chief executive officer of Tribeca Global Management LLC - won't discuss what torpedoed the deal except to say there were some issues on which they couldn't reach mutual

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: