Citigroup sells over $6B in P-E,hedge fund assets.

Citigroup (C) has reportedly sold more than $6B in private-equity and hedge-fund assets over the past month as it seeks to comply with prospective Volcker rule requirements limiting banks' alternative investments. Citigroup has divested a $4.3B P-E fund called Citi Venture Capital International to Rohatyn Group for an undisclosed amount, and a $1.9B emerging-markets hedge fund to the vehicle's managers. Citigroup is trying to sell another $2.5B private-equity-fund as well.