Sat, May 25, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Citi awarded mandate to provide hedge fund middle and back office services for Guggenheim Investment Advisory

Wednesday, April 18, 2012
Opalesque Industry Update: Citi has been awarded a mandate from Guggenheim Investment Advisory, a division of Guggenheim Partners, to provide a complete suite of services including middle office, fund administration and custody for Guggenheim’s hedge fund investment platform.

“We are pleased to be working with Citi because of their deep understanding of our business and robust technology that offers us customized end-to-end solutions to our unique middle office, administration and custodial needs,” said Dina DiLorenzo, Managing Director, Guggenheim Investment Advisory.

As investment managers worldwide launch new funds and accelerate the growth of their business, Citi helps them extend and enhance their operational capabilities so they can focus on making investment decisions and raising assets. Citi’s service platform for alternative managers provides administration, operations, technology and data management capabilities to enhance and support an asset manager’s front and middle office activities.

“We were able to leverage our hedge single manager and fund of funds capabilities to create a service solution adapted to Guggenheim’s open architecture model,” said Neeraj Sahai, Global Head, Securities and Fund Services, Citi. “We look forward to continuing to support Guggenheim’s ability to innovate and bring new products to market.”

Citi

Press Release

BM

Article link

What do you think?
   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  4. Comment – Can hedge funds survive Bernanke?[more]

    From Bloomberg.com: …The biggest reason for the market tranquility might be the Federal Reserve's repeated assurances that it will maintain zero interest rates and provide monetary stimulus until the economy recovers, and unemployment ebbs. That may just account for the recent flurry of storie

  5. The status quo & up-coming investment opportunities in asset based lending: We are not seeing enough capital being dedicated to the asset based lending space. There are numerous boutique - smaller hedge funds - that are being brought some very interesting and lucrative deals. These are not being done because they haven’t got sufficient investor capital to lend out.
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Penrich
  2. MS
  3. MGH
  4. NZARA
  5. 36 South
  1. global macro
  2. hedge funds
  3. bridgewater
  4. people
  5. asian hedge fund