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Citigroup Adds Tenney for Americas Prime Brokerage Sales

Citigroup Inc., the third-biggest U.S. bank, hired David H. Tenney as a managing director and regional head of sales for the Americas at its prime brokerage unit, which provides services to hedge funds.

Tenney, who previously worked at Forester Capital LLC, Russell Investments and Goldman Sachs Group Inc., will run unified hedge-fund sales across prime brokerage, securities lending and Delta One, the New York-based bank said today in a statement. Delta One products are typically derivatives tied to a group of securities. He will report to unit executives Alan Pace, David Murphy and John Gallo, according to the statement.