According to the Citi, the portfolio of value-added custody services for private equity funds include safekeeping of private equity documents; robust reporting tools via its proprietary internet portal CitiDirect for Securities; statement fulfillment to investors and interested parties and seamless operational integration with Citi Fund Administration Services.
Citi Custody and Investment Services global head Chandresh Iyer said that these private equity custody services align perfectly with Citi’s overall strategy of developing and delivering the full range of accounting, administrative, and custody solutions.
“They demonstrate that, among the comprehensive services we provide, we closely monitor the regulatory environment and quickly create innovative offerings that benefit our clients,” Iyer said.
Global Transaction Services, a division of Citigroup’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.
