Citigroup establishes Asian hedge fund platform

Ex-GIC Albert Ee appointed president.

Tribeca, Citigroup's hedge fund platform seeded with $2 billion of proprietary capital, has set up its Asia headquarters in Singapore. Albert Ee, previously deputy director of foreign exchange at Singapore's GIC, has been appointed president of Tribeca's operations in the region.

Commenting on the group's new Asian presence Ee says, There are several opportunities for hedge fund strategies in Asia given the the freeing up of Asia's capital markets, increasing access to stock loan and developments in the region's fixed income markets

Ee says Tribeca is looking to build up an Asian mutli-strategy team that can trade across asset classes using a variety of trading strategies...

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