Citigroup Inc. wants a bigger piece of that decades-old Wall Street favorite: the leveraged buyout.
The bank is looking to drum up more business with private equity firms to help finance their biggest acquisitions, according to Tyler Dickson, global co-head of banking, capital markets and advisory at Citigroup. The firm plans to add staff to its investment banking team focused on private placements and venture capital, where it’s already been beefing up hires, he said.
