Citi’s global transaction services unit has launched a suite of regulatory administration and compliance support services for hedge funds, private equity funds and their SEC registered investment advisers.
Citi provides similar services to traditional mutual funds and investment advisers.
“We’ve launched these services for hedge fund and private equity fund investment advisers to help them navigate a rapidly evolving regulatory environment,” says Bob Wallace, North America head of Citi’s securities and fund services. “We designed these regulatory administration and compliance support services based on our deep experience with traditional mutual funds and their registered investment advisers.”
Citi’s regulatory administration services will work at the direction of clients to draft routine contracts, policies and procedures and regulatory filings. Citi’s team will work closely with clients to manage routine tasks to help minimise expenses while leveraging Citi’s regulatory and compliance expertise.
Clients who sign up for this service will also have access to Citi’s Fund Governance Portal, a data and document collaboration tool designed to enhance the client experience.
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