NOT FOR REPRINT
How Citi’s PE ‘Club’ Underwhelmed Billionaire Members, Led to Lawsuits
By
Anthony Lin
News March 21, 2025 at 11:14 AM
Share & Print
What You Need To Know
- The experiment has ended with a bitter legal battle tied to the pitfalls of marketing private assets.
- Gaining more investment dollars is a key aim of a fresh revamp of Citi’s wealth unit under new head Andy Sieg.
- Firms like Blackstone and KKR are making an even bigger push to tap wealthy individuals.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
What is the CARES Act employee retention tax credit that was available during 2020 and 2021?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer