Citi received two coveted accolades at the 2012 HFMWeek Hedge Fund Services Awards. Citi Prime Finance’s US Business Advisory unit was named Best Prime Broker – Consulting Services and Citi’s Hedge Fund Services unit was named Best Single Manager Hedge Fund Administrator.
“These awards are a testament to the differentiated offerings we have across our advisory and consulting services,” said Alan Pace, Global Head of Sales and Client Experience for Citi Prime Finance. “Our highly talented team works closely with our clients at every stage of their development.”
Citi Prime Finance provides capital raising, financing, comprehensive custody and consulting services to hedge funds across asset classes and geographies.
“These awards reflect our commitment to growing our hedge fund administration business,” said Mike Sleightholme, Global Head of Hedge Fund Services, Securities and Fund Services, Citi. “Administration is just one of our comprehensive middle and back office offerings, and we’re pleased that our team has been rewarded for its hard work.”With over $445 billion of alternative assets under administration, Citi is a leading provider of investment services that help hedge fund managers ease operational and administrative burdens. Citi’s full suite of solutions delivered through Citi OpenInvestorSM lets hedge fund managers focus on building relationships and growing their business. Citi OpenInvestor is the investment services solution for today’s diversified investor that combines specialized expertise, comprehensive capabilities and the power of Citi’s global network to help clients meet performance objectives across asset classes, strategies and geographies. Citi OpenInvestor provides institutional, alternative and wealth managers with middle-office, fund services, custody, and investing and financing solutions that are focused on their specific challenges and customized to their individual needs. For more information, visit openinvestor.transactionservices.citi.com About Citi Transaction Services Citi Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 95 countries, Citi’s Transaction Services supports over 65,000 clients. As of the third quarter of 2012, it held on average $415 billion in liability balances and $12.8 trillion in assets under custody.