Mon, Apr 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
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

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner