Citi Gains New Accolades for Securities Services in Latin America and for Private Equity Administrat

Updated

Citi Gains New Accolades for Securities Services in Latin America and for Private Equity Administration

NEW YORK--(BUSINESS WIRE)-- Citi has been named Latin America Fund Administrator of the Year - for the second year in a row, Latin America Custodian of the Year and Private Equity Administrator of the year by Custody Risk. Celebrating outstanding achievements across the Americas, Custody Risk's Americas Awards recognize Citi's extensive experience to address the specific challenges of global investors and its ability to tap the intellectual capital of Citi's local network, to help clients deepen their insight, extend their reach and expand their business.

With over US $710 billion in assets under custody for clients in Latin America and more than 70 thousand employees in 23 countries, Citi has been a leading provider of custody and fund services in the region for over two decades. .Citi provides a full suite of administration and custody services to Hedge, Private Equity and Real Estate Funds across Latin America.


"These awards are valuable recognition of the leadership in innovation that Citi carries out in Latin America and across the world," said Alejandro Berney, Head of Latin America Securities and Fund Services, Citi. "They demonstrate how we successfully deliver the benefits of our global capabilities to help our clients grow their business, reduce costs and maintain a robust control environment."

With over $200 billion of committed capital, Citi has been administering private equity funds and investor portfolios for more than nineteen years and its clients consist of many of the leading sponsors and investors in private equity.

"We are grateful that the industry has recognized how Citi's specialized expertise, global network and depth of solutions help all types of private equity firms and investors expand and diversify their businesses," said Joe Patellaro, Head of Private Equity Services, Citi. "We are equally pleased to learn that our client service model and continued investments in people are helping us delivering against our commitments for the best quality service."

Citi's Securities and Fund Services provide customized solutions that support the diverse investment and transaction strategies of investors, issuers and intermediaries worldwide. Offering a suite of investment administration, portfolio and fund services, trust and custody and investment and financing solutions, Citi helps clients meet the challenges of issuing, managing and distributing financial products and services in today's complex and competitive marketplace.

Citi's Transaction Services comprises Securities and Fund Services and Treasury and Trade Solutions, and is an integral part of Citi's Institutional Clients Group. Transaction Services offers integrated cash management, trade and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 97 countries, Citi's transaction services supports over 75,000 clients. As of the first quarter of 2013, transaction services held on average $415 billion in liability balances and $13.5 trillion in assets under custody.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com Twitter: @Citi YouTube: www.youtube.com/citi Blog: http://new.citi.com Facebook: www.facebook.com/citi LinkedIn: www.linkedin.com/company/citi



Media:
New York:
Nina Das, +1 212-816-9267
nina.das@citi.com
or
Miami:
Anthony Ingham, +1 305-347-1400
anthony.ingham@citi.com

KEYWORDS: United States North America New York

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