Citi and Credit Suisse make alternative moves

Two announcements in the last week have reinforced how critical a presence in alternatives is becoming to the future strategy of global banks. It also shows that banks will adopt non-traditional strategies to bring on board the people they feel are best suited to lead this business.On April 13, Citi said it would buy 100% of Old Lane Partners - a global, multi-strategy hedge fund and a private equity fund with total assets under management and private equity commitments of $4.5 billio…