GlendonTodd Capital picks Citi private equity services
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GlendonTodd Capital picks Citi private equity services 06 March 2013New York Reporter: Jenna Jones
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GlendonTodd Capital has mandated Citi to provide private equity fund services to the firm.
Dallas based glendonTodd is a private equity firm that focuses on investments in healthcare real estate, data centres and related infrastructure, technology-enabled business services companies and financial services companies.
Citi will provide glendonTodd with full capabilities for accounting, administrative and reporting functions. Citi coordinates across the general partner and other third-party relationships to act as a centralised point of information and investor/shareholding reporting.
Mary Hatcher, chief financial officer and chief compliance officer at glendonTodd, said: “We think Citi’s proven expertise and extensive experience in meeting the specialised needs of private equity sponsors fits well with our investment philosophy.”
“The knowledge of their staff and the depth of their capabilities were key factors in our decision when finding a service provider for our private equity funds.”
Joe Patellaro, global head of Citi’s private equity services, said: “Citi has a long history of providing services to mid-market private equity fund groups. We offer a flexible, end-to-end client service model and platform that can be easily tailored to our clients’ requirements and objectives, backed by a dedicated team of specialists and the extensive investment services resources and infrastructure of Citi.”
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