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People moves news

Citco appoints new head of real assets for North America


29 May 2020 New York
Reporter: Maddie Saghir

Generic business image for news article
Image: PRImageFactory/Shutterstock
Citco has hired Connie Tirondola as executive vice president and head of real assets in North America at Citco Fund Services (US).

Reporting to Barbara Flusk, head of real assets, Citco Fund Services (US), Tirondola will focus on managing client relationships and supporting fund accounting services for Citco’s North American real assets client base.

Most recently, Tirondola worked as a managing director in the fund administration business of CBRE, an American commercial real estate services and investment firm.

At CBRE, she was responsible for business development. Prior to CBRE, she served as managing director and global head of real estate fund accounting at BlackRock.

During her career, Tirondola has also held senior positions with Sentinel Real Estate and Prudential prior to BlackRock.

Additionally, she is a member of the Global Standards Steering Committee, a joint real estate industry group created by NCREIF/PREA, INREV and ANREV to further cooperation in global reporting standards.

Commenting on the appointment, Flusk said: “We’re incredibly excited to bolster our team with such a highly respected industry leader such as Connie Tirondola. I have worked with her for over a decade on various industry initiatives and our clients will greatly benefit from her many years of institutional finance experience.”

Tirondola commented: “Throughout my career, I have admired not only Citco, as a leading asset servicer, but also Barbara Flusk and her ability to build a strong real assets team and client base.”

“As managers increasingly recognise the benefits of outsourced solutions, I look forward to further strengthening North American client relationships and supporting managers’ evolving operational needs to create scalability by leveraging Citco’s use of industry-leading technology and processes for real assets,” Tirondola added.
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