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Empresas y finanzas

Citi Property Investors Broadens Global Investment Capabilities With Addition of Shanti Sen to New York Office


    Citi Property Investors (CPI), the global real estate investment
    management business of Citi Alternative Investments (CAI), has
    announced that international real estate investor Shanti Sen has
    joined the firm as Managing Director, Head of Merchant Banking. Ms.
    Sen has more than 22 years of transaction experience gained at premier
    real estate organizations. She joins CPI from GIC, the Government of
    Singapore Investment Corporation, where she was Senior Vice President,
    Head of Corporate Investment Group (CIG), responsible for leading
    GIC's international corporate entity investment activities.

    Ms. Sen's experience and expertise include both private and public
    markets; equity and debt structuring and investment; strategic and
    minority corporate stakes; and portfolio and multi-sector investment.
    At CPI, she will work with the firm's regional investment centers to
    identify and execute large-scale entity investment opportunities
    around the globe.

    Joseph Azrack, President and Chief Executive Officer of CPI,
    stated, "Shanti's experience and global relationships will permit CPI
    to broaden the scope of investments available to our institutional and
    high net worth clients. By focusing on real estate operating company
    and portfolio transactions, the merchant banking group under Shanti's
    leadership will complement our existing investment resources in Asia,
    Europe and North America, and will enhance CPI's ability to offer our
    clients large-scale, well-structured real estate investment
    opportunities."

    Ms. Sen said, "The depth of Citi's capital and breadth of its
    resources and global reach present an exciting and sustainable
    platform from which to undertake strategic investment opportunities in
    the real estate arena. I look forward to building on CPI's track
    record underpinned by its multidisciplinary expertise and contributing
    to the continued growth and success of the firm."

    Citi Property Investors is a global investment manager with
    offices in New York, London, Los Angeles, Shanghai and Hong Kong, and
    a presence in Mumbai. With more than $12 billion in assets under
    management, CPI invests across both private and public markets. CPI
    has dedicated teams in North America, Europe and Asia that invest
    across office, industrial, multifamily, retail and hotel property
    types. CPI's strength is defined by its research-driven investment
    strategies, capital market sensitivity and exceptional investment
    sourcing and execution capabilities. CPI is the real estate investment
    center of Citi Alternative Investments, which brings together Citi's
    broad expertise to create a single platform for the management,
    development and marketing of alternative investments to institutional
    and high net worth investors. Citi's capital is used to seed and
    co-invest with investors in CPI's real estate investment funds.

    Citi Alternative Investments is an alternative investment platform
    that manages a wide range of products across four asset classes,
    including private equity, hedge funds, real estate and structured
    products. CAI manages capital on behalf of Citi, as well as
    third-party institutional and high net worth investors. As of June 30,
    2007, CAI had approximately $59.2 billion of un-levered assets under
    management, ranking CAI among the world's largest alternative asset
    managers. CAI's goal is to enable its 16 investment centers to retain
    the entrepreneurial qualities required to capitalize on evolving
    opportunities, while benefiting from the intellectual, operational and
    financial resources of Citi.

    Citi, the leading global financial services company, has some 200
    million customer accounts and does business in more than 100
    countries, providing consumers, corporations, governments and
    institutions with a broad range of financial products and services,
    including consumer banking and credit, corporate and investment
    banking, securities brokerage, and wealth management. Citi's major
    brand names include Citibank, CitiFinancial, Primerica, Citi Smith
    Barney and Banamex. Additional information may be found at
    www.citigroup.com or www.citi.com.