The Citco group of companies (Citco) has completed the successful migration of $1 trillion worth of assets under administration (AUA) onto the newest version of Æxeo® running on Amazon Web Services (AWS), in one of the largest accounting transitions in history, and the largest within the alternative investment sector.

The Citco group of companies (Citco) has opened offices this month in Abu Dhabi Global Market (ADGM), the award-winning international finance center in the United Arab Emirates, after increasing its assets under administration (AUA) in the region last year by 400% to approximately $125 billion.

The Citco Group of Companies (“Citco”) today announced the appointment of Connie Tirondola as Executive Vice President and Head of Real Assets in North America at Citco Fund Services (USA) Inc. Ms. Tirondola will focus on managing client relationships and supporting fund accounting services for Citco’s growing North American real assets client base and report into Barbara Flusk, Head of Real Assets, Citco Fund Services (USA) Inc.

The Citco Group Limited and its affiliates (“Citco”), a leading provider of asset servicing solutions to the global alternative investment industry, today announces it has partnered with securities class action recovery service provider, Financial Recovery Technologies (“FRT”).