Three years after the launch of the first Citco Gateway office centre, all four offices – in Amsterdam, Luxembourg, New York and Singapore – are close to 100% occupancy. This shows the value that asset management firms place on flexibility at a time when profitability is under pressure and globalisation is receding. It also reflects a mix of local and international trends.

While there is no single source of information regarding the size of the global private real estate market, consensus among research firms, benchmarks and media surveys suggests that the sector contains well over US$3 trillion of assets under management, depending on what is classified as private real estate.

Today’s Citco offers a broad range of services to address our clients’ jurisdictional, accounting and financial, regulatory reporting and operational needs. It’s this long history of focusing on the alternative investment space that has enabled Citco to develop a multifaceted client service model providing insightful, practical and nimble solutions for today’s alternative asset manager.

Citco has converted more than US$150 billion in assets over the past four years. This includes the conversion of 20 private fund managers with over US$2 billion in assets onto our fund services platform. Our experience with projects that include a great deal of complexity has helped us develop the following five pointers to a successful conversion.