Citi has been awarded a mandate to provide private equity administration services to MB Global Partners.

Maria Boyazny, founder and CEO of MB Global Partners, said: "Citi’s deep understanding of our business as well as its proven track record of service delivery were decisive factors in our decision to select Citi. We are confident that services provided by Citi will help bring an optimal level of efficiency and transparency to our investors."

Joe Patellaro, Global Head of Private Equity Services, Citi, said: "We are pleased that MB Global has chosen Citi for not only its fund administration capabilities, but its many other strengths as well. We look forward to having MB Global as a client for many years to come."

Citi OpenInvestor is the investment services solution for today’s diversified investor that combines specialized expertise, comprehensive capabilities and the power of Citi’s global network to help clients meet performance objectives across asset classes, strategies and geographies.

With US$13.9 trillion in assets under custody and administration, Citi OpenInvestor provides institutional, alternative and wealth managers with middle office, fund services, custody, and investing and financing solutions that are focused on their specific challenges and customized to their individual needs. For more information, visit openinvestor.transactionservices.citi.com.

Citi OpenInvestor’s Private Equity solution delivers a full range of administration services to private equity sponsors and investors worldwide.

Citi has been administering private equity funds and investor portfolios for more than nineteen years and its clients consist of many of the leading sponsors and investors in private equity.

Citi provides services for assets in excess of US$200 billion of committed capital, representing more than 120 clients and over 900 fund entities.