Citi thas announced that it has been appointed by Eos Partners to provide a comprehensive suite of back- and middle-office hedge fund administration services for its four Eos Credit Funds. The services include bank loan administration, document management, and loan portfolio analytics. This latest mandate adds to Citi’s existing portfolio of $65 billion in bank loan assets under administration and custody.
“Following our review of service providers, we selected Citi because of market expertise and the comprehensive range of services it provides,” says Jay Appel, Director of Operations for the Eos Credit Funds. “We were especially impressed by Citi’s depth of experience in the bank loan space.”
Bob Wallace, North America Head of Securities and Fund Services, Citi, added, “Eos has extensive experience with credit and syndicated bank loans across both hedge funds and private equity. Citi specializes in this space, and we are pleased Eos has selected us. It is a testament to the quality our solution brings to the marketplace.”
