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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Former Citigroup Director Launching Hedge Fund

Jan 02, 2013
Jing Chen

A former director at Citigroup is planning to start his own hedge fund later this month.

Bloomberg reported that Joel Salomon, who left Citigroup in January 2012, hopes to launch New York-based SaLaurMor Capital with at least $700 million in capital.

The firm, named after Salomon’s two daughters, Lauren and Morgan, will focus on small and mid-cap financial stocks such as insurance companies and asset managers. SalLaurMor will also trade in North American, European and Asian markets.

SaLaurMor will be run by three other employees.


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