Citi's Falcon hedge fund head to leave -WSJ

NEW YORK, May 21 (Reuters) - The head of Citigroup Inc's (C.N) Falcon Strategies hedge fund is leaving the company, the Wall Street Journal reported on its website on Wednesday.

Reaz Islam will remain at Citigroup's alternative investments unit "for a transition period," the Journal reported, citing an internal Citi memo.

Citi officials were not immediately available to comment. (Reporting by Paritosh Bansal; Editing by Gary Hill)