Citi to provide hedge fund admin for Credit Suisse
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Citi to provide hedge fund admin for Credit Suisse 16 February 2012New York Reporter: Anna Reitman
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Citi is set to provide Credit Suisse's asset management arm with middle office, custody and hedge fund administration services. The services will support a portion of Credit Suisse's US-based alternative investments business.
As part of the mandate, a portion of the middle office operations within Credit Suisse’s asset management division will be fully transitioned onto Citi’s service platform, which includes operations, technology and data management capabilities.
In addition to middle office solutions, Citi will provide custody and back office support for the division's proprietary hedge funds.
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