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Citi appointed by Diamond Hill to provide global custody, fund services and securities lending

Monday, September 12, 2011
Opalesque Industry Update - Citi today announced that it has been appointed by Diamond Hill Capital Management, Inc. to provide a range of investor support services for the firm’s fund assets totalling $4 billion.

“We selected Citi because they offer a rare combination of global perspective and local on-the-ground presence, as well as the ability to structure and scale solutions to meet our specific needs,” said James F. Laird, Chief Financial Officer, Diamond Hill Capital Management, and President of Diamond Hill Funds. “In making the decision to move our business to Citi, we were impressed by Citi’s understanding of our day-to-day challenges and the value they place on fitting seamlessly into our operations with a consolidated service model.”

Source press release

bc

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