The Japanese investment and asset management firm Whiz Partners has mandated Citi to support fund administration and transfer agency services for its new fund.
The fund is named Whiz Rock Global Macro Investment Fund. It is newly launched in Asia, and marks the firm’s first foray into the hedge fund space in Asia.
“This mandate signifies the beginning of a long-term collaboration between Whiz and Citi in Asia,” said David Russell, Asia Pacific regional head for Citi’s securities and fund services.
“Increasingly, investment alpha is becoming predicated on operational alpha. Citi’s solid local capabilities and robust service platforms enable managers like Whiz to become more nimble and expand their business globally.”