Citi Launches Integrated Servicing Solution for EU Domiciled Hedge Funds
Citi has launched a full service end-to-end integrated servicing solution for EU domiciled hedge funds. This product was launched in response to increasing demand from investors and hedge fund managers to establish hedge funds in EU domiciles, such as Ireland and Luxembourg. The servicing solution, which benefits on an end-to-end or modular basis, includes prime finance, custody, middle office support, fund administration, corporate secretarial services, distribution support, fiduciary services and compliance monitoring.
This service builds upon Citi’s front, middle, and back office solutions for hedge fund managers while also using the bank’s experience in the traditional long-only fund administration and fiduciary businesses.