Citi to provide fund administration and transfer agency services to Whiz Partners
New hedge fund in Asia underway.
Citi has been appointed by Whiz Partners Inc. to support fund administration and transfer agency services for its newly-launched Whiz Rock Global Macro Investment Fund (Global Macro Investment Fund) in Asia.
“As the launch of the Global Macro Investment Fund marks our first foray into the hedge fund space in Asia, it is essential for us to team up with a trusted and reliable partner to achieve operational efficiency.
We are confident that Citi’s combination of global reach and local expertise will fully support our growth strategy within the region,” said Atsushi Matsumura, Chief Operating Officer of Whiz Partners Inc.
This strategic partnership marks the expansion of Citi’s footprint working with Japan-based fund managers led by respected industry veterans.
Citi’s proprietary global network offers Whiz direct and unique access to the resources, insights and expertise of its local team, and assists them in navigating through the ever-changing industry environment with tailored, innovative and integrated solutions.
“This mandate signifies the beginning of a long-term collaboration between Whiz and Citi in Asia,” said David Russell, Asia Pacific Regional Head for Citi’s Securities and Fund Services.
“Increasingly, investment alpha is becoming predicated on operational alpha. Citi’s solid local capabilities and robust service platforms enable managers like Whiz to become more nimble and expand their business globally.”
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