Citi's Failed PE Club Underwhelms Wealthy Billionaires

Citi's Failed PE Club Underwhelms Wealthy Billionaires

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For your information, you can find below the description of the video Citi's Failed PE Club Underwhelms Wealthy Billionaires published by the Youtube channel Bloomberg Television:

Launched 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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