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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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From: ravenseye11/2/2007 3:06:59 PM
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Carpenter, Ex-Citigroup Banker, Seeks $1 Billion for New Firm
By Jenny Strasburg
Nov. 2 (Bloomberg) -- Michael Carpenter, the former Citigroup Inc. investment-banking chief, is raising $1 billion to buy stakes in hedge-fund and private-equity firms.

Carpenter's Southgate Alternative Investments Strategies LLC plans to acquire minority interests in at least 10 managers overseeing $3 billion or more each, according to marketing documents obtained by Bloomberg. Carpenter formed the New York- based firm with partners including former Citigroup executive Dean Barr and Barbara Yastine, former finance chief of Credit Suisse Group's investment bank....
bloomberg.com
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