Citigroup nears a sale of a private-equity portfolio, sources say

07/7/2010 | Wall Street Journal, The

Citigroup is about to complete a sale of about $1 billion in private-equity investments to New York's Lexington Partners, sources said. The deal would be one of the largest secondary private-equity transactions ever. Lexington is a major player in the niche market.

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Wall Street Journal, The