PE Firm's PR Mess Costs Citi - March 10

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Uploaded by on Mar 11, 2008

A statement made by the CEO of Dubai International Capital about Citigroup's future has been clarified-but not before creating a costly public relations nightmare for the investment bank. Also, investors in the remaining of the two original Peloton Partners' fund may get back less than 50 cents on the dollar when it liquidates. Meanwhile, the benefits of diversification through alternative investments appear to evaporate during financial crises. Finally, while FoHfs now account for a bigger portion of the HF industry, they continue to trail behind their HF peers in technology.

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