Citco makes strategic move into retail alternatives sector with strategic personnel appointment
**Citco Revolutionizes Retail Market with Private Markets Offering**
Citco, a leading service provider in the alternative assets sector, is making waves in the retail market by expanding its Private Markets offering to include services for US Securities and Exchange Commission (SEC) registered entities that accept retail investors. This strategic move marks Citco's entry into the growing retail alternatives sector, leveraging its established expertise in servicing institutional clients to deliver seamless, comprehensive solutions tailored for retail investors.
At the helm of this new retail alternatives division is industry veteran Chris Shaw, who brings over 30 years of experience in transfer agency servicing to the table. Shaw, who previously played a pivotal role in creating SS&C’s Retail Alternatives Transfer Agency, joins Citco with invaluable expertise that will bolster the company's initiative.
Citco's approach to the retail alternatives market is comprehensive, offering a fully integrated suite of services such as Fund Accounting and Administration, Loan Servicing, Tax Administration, Financial Reporting, Compliance, and Transfer Agency and Investor Relations. This integrated back-office to client-facing service model is designed to deliver a best-in-class, seamless experience for retail investors and fund managers alike.
The expansion of Citco's offerings is not limited to the retail market. The firm is positioning itself to meet the rising demand for semi-liquid evergreen funds in the private credit market, which is estimated to be a US$2 trillion sector. This reflects increasing retail investor interest in alternative investments, which Citco aims to service with the same excellence it has demonstrated in institutional markets.
Citco remains committed to innovation and client service excellence while maintaining its signature "white glove" service standard across these expanded offerings. Claudia Bertolino, Head of Private Markets at Citco, has stated the company's goal to revolutionize retail market servicing. With Shaw's leadership, Citco is set to transform how retail investors access and manage alternative investments in private markets.
References: [1] Citco Press Release, [Date], [Link] [2] SS&C Press Release, [Date], [Link] [3] The Trade News, [Date], [Link] [4] HedgeWeek, [Date], [Link]
In the retail market, Citco is utilizing its expertise in finance and investing to revolutionize service provision, now offering private markets solutions for SEC-registered entities with retail investors, heading by industry veteran Chris Shaw. The retail alternatives division, integrated with Fund Accounting, Administration, Loan Servicing, Tax Administration, Financial Reporting, Compliance, Transfer Agency, and Investor Relations, endeavors to deliver an exceptional experience to retail investors and fund managers alike. Moreover, Citco extends its reach beyond retail, catering to the growing demand for semi-liquid evergreen funds in the US$2 trillion private credit market, signifying a burgeoning interest in alternative investments among retail investors.
