Bloomberg Television
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Citi Comes Up Short for Billionaire Investors
Posted
March 20, 2025
Views
12,493
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March 20, 2025
12,493
172
30
1.62%
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3:35Now PlayingLaunched in 2012 with Silverfern, Citi's private equity club was designed to offer exclusive investment opportunities to wealthy clients, but instead it created unhappy billionaires, legal battles and a hard lesson on the pitfalls of marketing private assets. Bloomberg's Todd Gillespie joins "Bloomberg Open Interest" to talk about the venture and the fallout.
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