The unit will work with hedge fund and private equity clients’ compliance teams, from their Chief Compliance Officer on down, on routine contracts, policies and procedures and filings. The service will also include use of Citi’s Fund Governance Portal of data and documents, as well as thorough testing of clients’ compliance procedures—including forensic testing and analysis, and help with audits and exams.
“We’ve launched these services for hedge fund and private equity fund investment advisors to help them navigate a rapidly evolving regulatory environment,” said Bob Wallace, North America head of Citi’s securities and fund services.
