Funds

Citi Alternatives puts money into new credit fund, reports Finalternatives

Wednesday, July 1, 2009

Finalternatives reports that Citigroup Alternative Investments is seeding a new hedge fund run by Viathon Capital. The Whitewater Master Fund, a long-short credit fund focusing on high yield and investment grade corporate bonds and bank debt in both the US and Europe, launched in May with $50 million in capital. It was up 0.92% in May and up an estimated 2.1% in June.