There has been a growing trend for ultra-high-net-worth families to establish their own offices for wealth management purposes. As the number of family offices grew, their models and strategies have also evolved. Ernesto Mairhofer, Head of Private Wealth & Family Offices, Citco Corporate Services Inc., Miami, lays out the ten biggest challenges facing family offices in 2024, drawing on the Citco group of companies’ (Citco) seven decades of experience in the private wealth and family office space. Read the full article here: https://bit.ly/3RQUaSk #TheCitcoWay #FamilyOffices #PrivateWealth
The Citco Group Limited
Financial Services
Grand Cayman, Cayman Islands 193,343 followers
The Citco group of companies provides a broad range of financial services for hedge funds, administration, PE & more.
About us
Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry. Today, we continue to pioneer award-winning services and technology solutions that meet ever changing markets. A commitment to investing in people, and proprietary technologies, has resulted in our reputation as the industry’s preeminent service provider, reassuring clients that their critical administration functions are in safe hands. Our thought leadership and ability to quickly navigate complex change means our clients can depend on us as trusted advisors to make informed decisions in response to market conditions. Our Divisions Citco Fund Services & Investor Relations CFS is the global leader in services for the alternative investment industry. With over 2,000 funds under administration and net assets exceeding $840 billion, we provide full service fund administration, fund accounting, net asset value calculations, investor relations, and more. Governance Services Leveraging our extensive global office network Citco Governance Services provides customised solutions, including corporate and global subsidiary governance, secretarial services, financial accounting and reporting, tax and audit liaison, and market entry services. Banking, Depositary & Custody Services Citco Banks operate in strategic financial centres and provide Institutional and Fund of Funds clients access to the funds universe through multiple communication and online real-time global funds platforms. Citco Technology Management Through our eight global development centres, Citco Technology Management provides secure infrastructures and develops award-winning technology products that underpin our commitment to service excellence.
- Website
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http://www.citco.com
External link for The Citco Group Limited
- Industry
- Financial Services
- Company size
- 5,001-10,000 employees
- Headquarters
- Grand Cayman, Cayman Islands
- Type
- Privately Held
- Specialties
- Fund Administration, Technology Development, Investor Relations Services, Banking & Custody Services, Corporate & Trust Services, Market Entry Services, Private Equity, Investment Management, Hedge fund, Real Estate Investment, Governance Services, and Global Subsidiary Services
Locations
Employees at The Citco Group Limited
Updates
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At the Citco group of companies (Citco), we believe industry-wide collaboration and innovation are crucial to driving real impact and welcome the opportunity to connect with other firms leading the charge on digital transformation. As such, Citco was thrilled to attend the Euro Banking Association (EBA) Association #EBADay2024 event to learn more about the recent changes in the payment industry. From panels on instant payments, to transaction data, to the impact of regulations on the industry as a whole, it was a very insightful day for our team in attendance. Featured: Johnny Smith, Senior Vice President, Citco Fund Services (Ireland) Limited Ian Wallace, Senior Vice President, Citco Technology Management (Ireland) Limited #EBAday2024 #Networking #TheCitcoWay #Digitization
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Across the lifespan of a fund, there are many reasons a GP may decide to switch fund administrator, including expansion to new strategies and investor groups, consolidation in search of efficiencies, a need to improve technology and to keep up with new regulations. The Citco group of companies (Citco) has a wealth of expertise in managing points of transition, as outlined by Niall Fagan, Head of Business Development, Citco (UK) Limited. in Preqin’s Fund Admins Primer, Why GPs Switch Fund Administrators. Read the full report here: https://bit.ly/3LbkpiJ #TheCitcoWay #GPs #FundAdmin
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The Citco group of companies (Citco) is pleased to announce its recent signing of Mycor Capital, a leading provider of actively managed fundamental strategies that invests across liquid performing credit. Our new client says “Citco’s Loan Closing service has been instrumental in the execution of MyCor Capital's loan trading strategy. From chasing pending settlements to getting the elevations on the right path, we have ensured our client has a controlled and efficient loan settlement process.” To find out more about how Citco’s offering can assist you, visit our website: https://bit.ly/45QmH0k #TheCitcoWay #CitcoLoanServices
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At the Citco group of companies (Citco), we pride ourselves on our commitment to advocating for inclusivity. This Pride Month and every day, our people celebrate the value of diversity in their work and personal lives. Thank you to our fantastic Citco community for the continued support! Featuring: PREETI MAKHIJA, Fund Accountant, Real Estate, Citco Group Services India Pvt Ltd Angus Dacker, Executive Vice President, Investor Relations, Citco (Canada) Inc Felize Balmaceda, Data & Proposal Manager, Citco International Support Services Limited – Philippine ROHQ Kim Sinday, Senior Administrator, Investor Relations, Citco International Support Services Limited – Philippine ROHQ #TheCitcoWay #PrideMonth #Pride2024 #CitcoCommunity
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Covered in Alternatives Watch, Funds Europe, Hedgeweek and Hedge Funds Alpha, our May Hedge Fund Update revealed that funds administered by the Citco group of companies (Citco) are back to winning ways, with an overall weighted average return of 1.7%. Hedge Funds also saw positive capital flows, with net inflows of $3.2B overall. Read the full report here: https://bit.ly/3VZTuN4 #TheCitcoWay #HedgeFunds #FundServicing
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How can Multinational Enterprises (MNEs) navigate the increasing number of hurdles posed by international tax regulations? New rules such as Pillar 2 continue to bring an array of new definitions and compliance obligations for MNEs to unravel. In the first article of a new insights series, Leila S., Head of Corporate Clients and Financial Institutions, Citco Corporate Management (Madrid) S.L., shares 10 key considerations for MNEs when it comes to their governance and reporting obligations. Read the full article: https://bit.ly/3XImPwO #CorporateGovernance #PillarTwo #Tax #Compliance #Reporting #Regulatory #TheCitcoWay
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At the SuperReturn International Conference in Berlin earlier this month, we were delighted to connect with leading names in private capital to share our insights. The event provided a forum for GPs and LPs across the globe to gather and discuss the latest thinking and developments taking place in the Private Markets industry. If you missed us at the event, get in touch with Niall Fagan, Head of Business Development, Citco (UK) Limited, and Bocar Kante, Head of Business Development – Europe, Executive Vice President, Citco (UK) Limited, to find out how we can help you. #TheCitcoWay #SuperReturn #PrivateCapital
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Data released by the Citco group of companies (Citco) revealed that Net Asset Value (NAV) credit facilities have seen an annual growth of 30% across its client base since 2019. In an article delving further into the topic of NAV lending, The Drawdown spoke to Michael Peterson, Managing Director of Citco Capital Solutions Inc. Michael spoke to the root causes to the increase in activity and what funds are using NAV loans for. Michael said: “Most of the NAV loan activity is coming from private credit rather than private equity, as the underlying assets are debt instruments that are higher on companies’ capital structures than equity is.” Read the full article here: https://bit.ly/3zcDVIK #TheCitcoWay #NAV #Loans
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As the leading Japan focused Private Markets forum, this event will be an opportunity to network and discuss with the top institutional investors and private market players the latest global trends affecting the industry from an investment and fundraising perspective. If you will be in attendance, please reach out to our team on the ground: Vincent Santucci, Executive Vice President, Citco Fund Services (Singapore) Pte. Ltd. Lie Ming Or FCA, Executive Vice President, Citco Hong Kong Limited #TheCitcoWay #PrivateCapital #Japan
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