Citigroup in Divestiture of Metalmark Business

December 16, 2013

Cleary Gottlieb represented Citigroup Alternative Investments LLC in the sale of Metalmark Capital Holdings LLC, along with certain other assets, to the Metalmark management team, led by Howard I. Hoffen. Metalmark Capital Holdings LLC manages a group of private equity funds that focus on leveraged buyout investments in middle-market companies across a range of industries. 

The transaction closed on December 16, 2013.