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Ex-Citigroup Pros Launch Brysam

Brysam Global Partners been formed as a new private equity firm that will has launched as a private equity firm that will invest in financial services with a focus on consumer opportunities in emerging markets. Its two principals are: Robert Willumstad, former president and COO of Citigroup, and Marge Magner, former chairwoman and CEO of Citigroup's Global Consumer Group. It already has secured around $1 billion in capital commitments, according to the Wall Street Journal.