Citi Private Capital Group Launched
(2 June 2020 – United States) Citi Private Capital Group has been launched by Citi Private Bank as a global strategic segment to coordinate pools of family-controlled capital worldwide.
As global markets navigate uncertainty due to macroeconomic, health and geopolitical crises, Citi Private Capital Group has been formed to provide institutional service to private investment firms, family offices and other privately held institutions. The need for sophisticated investment strategies across all asset class has also increased in demand. Consequently, many of these clients exhibit a growing appetite for institutional investment capabilities and services in addition to their private banking needs. In addition to this, the divisionary unit has been providing single family offices with global connectivity to a network of peers. In a time of crisis, many single-family offices are keen to know what their peers are doing, often a way to provide reassure to investment decisions.
“Our firm is well-positioned to draw upon the resources of our franchise to provide sophisticated advice, execution and analytics to manage the increasing complexity these clients are facing. We are especially proud of the group’s efforts during this crisis to work in new ways to keep us on track to deliver the best results for our clients.” said Citi Private Bank Global Head of Citi Private Capital Group, James Holder.
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