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Terra Firma hires ex-Citi banker
Private equity firm Terra Firma yesterday announced the appointment of ex-Citigroup banker Kamal Tabet as managing director and head of investor relations, just four months after the US lender took control of Terra Firma’s music group EMI. Terra Firma, led by Guy Hands, made the largest known private investment write-off in a loss of £1.7bn on EMI earlier this year after its lender Citigroup seized ownership.