Articles from Citco

The Citco group of companies (Citco) and GIC are pleased to announce that they have entered a long term, strategic relationship. As part of the relationship, GIC, a global institutional investor, has become a minority shareholder in Citco. The founding Smeets Family shall remain the majority shareholder in Citco.

Growth in Net Asset Value (NAV) credit facilities has continued at a brisk pace as more private equity and alternative investment funds turn to alternate lenders for loans to acquire immediate investment opportunities, according to the Citco group of companies (Citco), the leading asset-servicer with $2 trillion in assets under administration (AUA).

The Citco group of companies (“Citco”), a global leader in asset servicing, announced today that ATLAS SP Partners (“ATLAS SP”), a leading provider of structured and asset-backed credit to institutional borrowers and institutional investors, has chosen Citco to provide operational loan and bond accounting as well as administration services for its balance sheet and fund products.

The value of treasury transactions among alternatives and institutional funds increased by 25% to $418B in Q1 of this year from the previous quarter, according to the Citco group of companies (Citco), amid an on-going, near-unrecognizable interest rate environment and a surge in banking sector volatility.

Growth in Net Asset Value (NAV) credit facilities has increased exponentially in importance among private equity and other alternative investment funds since the pandemic relative to the secondary trading of assets as a means of creating liquidity, according to the Citco group of companies (Citco).

Claudia Bertolino has been appointed as Head of Private Equity and Private Credit, Fund Services of the Citco group of companies (Citco) – with a remit of creating widespread operational efficiencies and enacting the firm’s ambitious plans of digitizing its client experience within both PE and PC.