Citigroup Inc. (C) agrees to divest Citi Global Alternatives, LLC (“Citi Global Alternatives”), to iCapital. Citigroup’s Global Alternatives is the advisor to Citi Wealth’s global alternative investment fund platform.The move comes as Citigroup is making efforts to simplify its business operations. Terms of the transaction are kept under wraps.Details of the Citigroup Planned DivestitureThe Citi Global Alternatives unit represents more than 180 funds distributed globally. It includes investment vehicles acr ...