The fund services division of the Citco Group is opening its new office in Shanghai. Citco Fund Services (Shanghai) will provide follow-the-sun business processing coverage for Citco globally and increase its ability to supply services to alternative investment clients. The office has a staff of 80 people and will help the expansion of the fund services division of Citco’s middle and back office administration services in the greater China region and the Far East in general. Former president of Shanghai operation of OpHedge, Jeff Li, has been appointed as managing director of the new office.
Click here for the release from Citco.