Citadel sells Lehman asset claim to Credit Suisse

NEW YORK Aug 27 (Reuters) - Hedge fund Citadel Investment Group has sold a claim on $423 million of Lehman Brothers' LEHMQ.PK assets to Credit Suisse Group (CSGN.VX), according to a filing at New York Bankruptcy Court.

Citadel last week filed a claim for $470.5 million with the Lehman estate, relating to the cost of replacing derivative transactions it held with the failed bank at its Citadel Equity Fund.

A filing on Wednesday shows that the fund manager has now transferred the majority of this claim to Credit Suisse Loan Funding, a unit of Credit Suisse.

The claim is filed with the U.S. Bankruptcy Court for the Southern district of New York.

(Reporting by Karen Brettell; Editing by Chizu Nomiyama)