Citi Picks Citco’s Pitkin For Admin. Unit

Sep 9 2010 | 1:49am ET

Citigroup has hired a Citco Fund Services executive to head investor services for its hedge fund administration and custody business.

Steve Pitkin will focus on building Citi Global Transaction Services’ hedge fund services unit in key markets and on technology, the firm said. Pikin will report to Mike Sleightholme, global head of hedge fund services.

Pitkin joins from Citco, where he served as global head of investor relations for five years. Prior to joining Citco, he was director of operations at FrontPoint Partners and worked at Morgan Stanley’s prime brokerage division.

Global Transaction Services, a division of Citi's Institutional Clients Group, offers integrated cash management, trade and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. The unit supports over 65,000 clients, and as of the second quarter of 2010, it held on average $320 billion in liability balances and $11.3 trillion in assets under custody. 

 


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of