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NAPIER PARK GLOBAL CAPITAL ANNOUNCES THE COMPLETION OF CITIíS $2.4 BILLION REDEMPTION


Date: Tuesday, July 22, 2014
Author: News Release

NAPIER PARK GLOBAL CAPITAL ANNOUNCES THE COMPLETION OF CITIíS $2.4 BILLION REDEMPTION; CLIENT AUM AT APPROXIMATELY $6 BILLION

Napier Park Global Capital (ďNapier ParkĒ), the $6 billion global alternative asset management firm that spun out of Citi in March 2013, today announced that in just 18 months it has successfully replaced Citiís †$2.4 billion, LP investment through both existing and new institutional investors. As a result, Citi is no longer an investor in any of Napier Parkís hedge funds.