Citi Hires Former Goldman Banker Tom Lynch to Head Prime Sales

Citigroup Inc. has hired Tom Lynch as its global head of prime sales as the bank continues to build out its offering to hedge funds.

Lynch, who spent 25 years at Goldman Sachs Group Inc., joins from Hound Partners and will be based in New York, according to a memo seen by Bloomberg. He will report to Fater Belbachir, global head of equities.

Lynch’s appointment follows the appointment this summer of Sebastien Mailleux and Tim Tomalin-Reeves as global co-heads of prime services.

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