The new office will service Citco’s asset-servicing operations in Guernsey and will facilitate growth in the private equity and private credit sphere.
Managing Director of Citco Fund Services (Guernsey), Julie Preece, said: “Citco has become the world’s largest, organically grown asset-servicer in alternative investments through serving the global investment industry for over 50 years.
“Aligning to this, our Guernsey operations have grown from strength to strength since the opening of our inaugural office nearly a decade ago, so it is both timely and exciting to announce this move. We very much look forward to welcoming our clients and wider network to our new office.”