09:49 AM EDT, 05/13/2025 (MT Newswires) -- Citigroup ( C ) is selling its indirect subsidiary Citi Global Alternatives to fintech firm iCapital, the latter said Tuesday.

Financial terms were not disclosed.

Citi Global Alternatives is the advisor to Citi Wealth's global alternative investment fund platform.

Citigroup ( C ) shares were up 0.7% in recent early trading.

Price: 75.29, Change: +0.38, Percent Change: +0.51