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Citi Announces Sale of Alternative Investor Services Business

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NEW YORK--(BUSINESS WIRE)--Citigroup today announced that it has reached a definitive agreement to sell its Alternative Investor Services business, which comprises Hedge Fund Services and Private Equity Fund Services, to SS&C Technologies Holdings, Inc. The entire operations of this business, including approximately 1,500 employees, will be transferred to SS&C upon closing. This transaction is a positive outcome for Alternative Investor Services, including its employees and clients. As

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