Alternative investments asset service provider Citco has opened a new office in Guernsey to support its expansion in the private equity and private credit space.
Citco provides middle- and back-office services to alternative investment forms globally, and opened its first Guernsey office in 2014.
The office will primarily offer fund accounting, fund operations and company secretarial services, and will focus on automation with the goal of improving scalability and facilitating future growth.
Julie Pressce, managing director for Citco Fund Services in Guernsey, says: “[Citco’s] Guernsey operations have grown from strength to strength since the opening of our inaugural office nearly a decade ago, so it is both timely and exciting to announce this move. We look forward to welcoming our clients and wider network to our new office.”
