Sept. 23 (Bloomberg) -- Chris Greer, global head of a Citigroup Inc. business introducing hedge-fund clients to new investors, has left the New York-based lender.
A replacement for Greer hasn’t been named, Scott Helfman, a company spokesman, said today in an e-mail. Greer reported to Alan Pace, global head of prime brokerage and client experience. The business provides financing to hedge funds while also helping the firms process trades and attract investors.
Chief Executive Officer Michael Corbat, 53, is seeking to expand prime brokerage as it pulls back from other businesses. The lender hired at least two senior executives for the unit earlier this year, including David H. Tenney as head of sales for the Americas and Matthew Clark to run client solutions.
Greer’s departure was reported earlier by Absolute Return magazine, which said he was leaving to join a family office in Greenwich, Connecticut. Greer didn’t respond to e-mail and phone messages left at his home.
--Editors: Steven Crabill, Peter Eichenbaum