BusinessWire – Citi today announced that it has been awarded a mandate to provide a full complement of fund of hedge funds administration and custody services to Sandalwood Securities.
“After a thorough review of service providers, two of the key factors driving our decision to select Citi were the quality of the professionals we met and Citi’s commitment to developing technology solutions” said Ken Chapple, Chief Financial Officer, Sandalwood Securities, Inc. “In addition, transparency is a key commitment we make to our investors and their advisors. Citi’s investor services platform — and integrated Fund of Fund Solution — provides us with direct, Web-based access to our investor reporting and portfolios and, as a result, additional transparency to our processes.”
