The Citco Group is opening an office in Malta.
“We have been asked on numerous occasions whether we can service funds domiciled in Malta,” said William Keunen, global director of Citco Fund Services, in a statement. “Now, with the implementation of the AIFM directive in July 2013, Malta will provide a viable alternative to the main European hedge fund jurisdictions, in particular because the legislation is ready and the MFSA is engaged and proactive.”
Citco Fund Services (Malta) and Citco Custody will service funds domiciled both in and outside Malta.
The Citco Group of Companies offers hedge fund administration, custody and fund trading, financial products and corporate and trust planning solutions to companies worldwide.