Citi has been awarded an expanded mandate from Kayne Anderson Capital Advisors to provide administration services for five additional hedge funds.
Citi’s total hedge fund mandate with Kayne Anderson now includes seven funds and over USD2bn in assets under administration.
Kayne Anderson is a Los Angeles-based alternative investment firm focusing in the energy, infrastructure, growth capital, real estate and middle market credit sectors.
“We are pleased to continue to demonstrate the value of our operational team,” says Bob Wallace, North America head of securities and fund services, Citi. “We look forward to continuing to support Kayne Anderson’s growth by delivering leading technology that assists our client’s ability to provide transparency.”