EQT Holdings has mandated Citco Group of Companies for private equity administration services
Citco will provide a range of administration services including fund accounting, budgeting, forecasting, investment and fund performance reporting, investor support as well as SPV services.
Nikolaos Perros, global head of private equity and real estate fund services at Citco, said: “We are delighted to have been selected by EQT. Our experience in the asset management industry, will allow us to deliver a scalable administration model for EQT”.
The services will be delivered from Citco’s European offices. Citco has also opened Citco Fund Services (Guernsey) Ltd and has hired the majority of the existing EQT team.
“We are looking forward to EQT´s partnership with Citco. This is a natural step in EQT’s development and growth ambitions”, added Johan Bygge COO at EQT Holdings.
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