Citi scores high in core services for Private Equity.

By Citi October 26, 2010 10:58 AM

Citi's Private Equity Services group leads the charts in Global Custodian's 2010 Private Equity Fund Administration survey of the sector. Specifically, the survey gave "Top Rated" rankings to Citi in four categories: for its expertise overall, in Asia, for funds between $100 million and $1 billion Assets Under Management (AUM) and for funds between $1 billion and $5 billion AUM.

Citi also ranked number one in the regional "League Tables" and number two for overall service provider. In addition to the "Top Rated" rankings, Citi received 37 "Best-in-Class" honors in the 12 service areas surveyed by the publication.

In its coverage of the survey findings, Global Custodian noted: "The giant of this business has more than maintained the upward momentum of the last two years. Scores are up in nine out of ten questions and all service areas, and by substantial margins in every case. The bank outscores all-comers in the core service areas of accounting, drawdowns and distributions, and its score for client and relationship management is easily the best."

More information is available from Citi's Global Transaction Services.