Relevant:
- Citigroup Said to Plan Sale of $10 Billion Private-Equity Unit
- Combining Banking with Private Equity Investing Adds Risk to Financial System
- AIG Private Equity, Hedge Fund Returns Plunge 84%
- $2 Billion Oil Private Equity Fund, Less Than 5 Years Old, Now 'Nearly Worthless'
- AIG Results Deteriorate on Private Equity Returns
2011-04-20 — yahoo.com
" Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company spokesman said on Tuesday."
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