Citco Announces Luxembourg Office Relocation
The Citco Group of Companies, a leading asset servicer to the alternative investment industry, is relocating its Luxembourg office from Carré Bonn premises to reinforce its presence in a key alternative asset hub, according to Private Equity Wire. The move, effective 15 April 2026, to UNICITY at 23A, rue de Hollerich, L-1741 Luxembourg, supports the firm’s continued investment in operational excellence and growth in private markets mandates. With a Total Net Asset Value of USD 297.8 billion (EUR 287.6 billion) across 703 funds and sub-funds, Citco held the largest market share in private markets among service providers in Luxembourg’s funds industry in 2025.
Reasons for the Relocation
Citco has operated in Luxembourg for more than 30 years, citing increasing demand from alternative asset managers for scalable, cross-border servicing solutions. The new premises will function as a fully integrated asset-servicing hub, providing middle- and back-office support across asset classes including private markets, real assets, and hedge funds. The expanded, modern workspace features enhanced collaboration areas and dedicated client meeting facilities, designed to meet evolving client needs and reflect Citco’s ongoing investment in its business.
Citco’s Operations and Services
As a provider of accounting, administration, depositary, and financial services supported by advanced technology, Citco is addressing sustained global demand for private markets infrastructure, according to Private Equity Wire. Luxembourg, widely known as a major European hub for alternative investments, remains a critical jurisdiction for such growth, with Citco’s model emphasizing automation, scalability, and agility. This relocation strengthens Citco’s ability to deliver superior service through its global office network.
Leadership Perspectives
Eef Verachtert, Managing Director of Citco Fund Services (Luxembourg) S.A., stated that ‘Luxembourg is a cornerstone of the global alternative investment ecosystem,’ highlighting the region’s role in private markets and cross-border fund structures. Jay Peller, Chief Operating Officer at Citco, added that ‘Citco is the world’s largest organically grown asset servicer in alternative investments,’ underscoring its decades of service and position to support asset managers worldwide. These comments, as reported, emphasize the strategic importance of the relocation for Citco’s long-term commitment, according to Private Equity Wire.
