Stephen Murphy will this week leave Citigroup as European head of its private equity placements group, and is expected to join a large Middle Eastern investment firm.

Murphy’s departure from Citigroup follows that of the managing director of its European private equity placement group who left for a client last year. As revealed by Financial News last September, Susanna Hong-Rodzynek left Citigroup to join Apollo Management as head of European investor relations. Murphy declined to comment.