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Buy side news

New prime brokerage mandate for Citi


19 April 2012 London
Reporter: Georgina Lavers

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Image: Shutterstock
Citigroup has been appointed by Adelante Asset Management, the emerging markets hedge fund manager based in the UK, to provide prime brokerage, fund accounting and transfer agency services for Adelante’s Cayman-domiciled emerging debt and equities funds.

Sanjiv Sawhney, global head of fund services at Citi Transaction Services said: “With a global footprint and a leading platform in emerging markets, Citi can leverage the breadth of its product offering among its Prime Finance and Íø±¬³Ô¹Ï and Fund Services divisions to assist emerging markets hedge fund managers and support their growth strategies across various asset classes and geographies.’’
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