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Citco goes to Guernsey
Posted: 18 March 2008
Citco Fund Services has been licensed by the Guernsey Financial Services Commission (GFSC) to provide fund administration services in the Island. The office opened in September.
Citco has over 30 years experience in hedge fund administration and currently administers more than 2,000 funds with net assets in excess of $500bn, including five of the world's ten largest hedge funds. "Guernsey is an established fund domicile with an internationally recognised but pragmatic regulatory environment which we believe will continue to make it a jurisdiction of choice for many funds and funds of funds operators,"
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