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Citco Relocates Luxembourg Office for Private Markets Growth

The Citco Group announces the relocation of its Luxembourg office to support expansion in private markets, as detailed in recent industry news.

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Citco Announces Office Relocation in Luxembourg

The Citco Group of Companies, a leading asset servicer to the alternative investment industry, is relocating its Luxembourg office from Carré Bonn premises, effective 15 April 2026, to reinforce its presence in a key global hub for alternative assets. This move supports the firm’s sustained growth in private markets, where it manages a Total Net Asset Value of USD 297.8 billion across 703 funds and sub-funds, according to Private Equity Wire.

Reasons for the Relocation

The relocation reflects Citco’s continued investment in operational excellence and responds to increasing demand from alternative asset managers for scalable, cross-border servicing solutions. Citco has operated in Luxembourg for more than 30 years and held the largest market share in private markets among service providers in Luxembourg’s funds industry in 2025. Luxembourg is widely known as a major European center for alternative investments, hosting numerous cross-border fund structures.

New Premises and Services

The new office at UNICITY, 23A, rue de Hollerich, L-1741 Luxembourg, will function as a fully integrated asset-servicing hub, providing middle- and back-office support for asset classes including private markets, real assets, and hedge funds. The expanded workspace features enhanced collaboration areas and dedicated client meeting facilities, according to Private Equity Wire. Citco offers services such as accounting, administration, depositary, and financial services, supported by advanced technology.

Executive Perspectives

Eef Verachtert, Managing Director of Citco Fund Services (Luxembourg) S.A., stated that ‘Luxembourg is a cornerstone of the global alternative investment ecosystem.’ Jay Peller, Chief Operating Officer at Citco, noted that ‘Citco is the world’s largest organically grown asset servicer in alternative investments,’ highlighting the firm’s role in meeting global demand for private markets infrastructure.

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