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, effective 15 April 2026, to UNICITY, 23A, rue de Hollerich, L-1741 Luxembourg, according to Private Equity Wire. This move reinforces Citco’s presence in Luxembourg, one of the world’s most important alternative asset hubs, and supports the firm’s sustained regional growth, particularly in private markets mandates. Citco has operated in Luxembourg for more than 30 years and manages a Total Net Asset Value (TNAV) of USD 297.8 billion (EUR 287.6 billion) across 703 funds and sub-funds, holding the largest market share in private markets among service providers in Luxembourg’s funds industry in 2025.
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. The new premises will function as a fully integrated asset-servicing hub, providing comprehensive middle- and back-office support across asset classes such as private markets, real assets, and hedge funds. The expanded, modern workspace includes enhanced collaboration areas and dedicated client meeting facilities, designed to meet evolving client needs and bolster support for clients’ growth in private markets.
Citco’s Market Position and Services
Citco is seeing sustained global demand for private markets infrastructure, with Luxembourg remaining a critical jurisdiction, as noted in statements from company leadership. The firm offers services including accounting, administration, depositary, and financial services, all supported by advanced technology solutions. “Luxembourg is a cornerstone of the global alternative investment ecosystem,” said Eef Verachtert, Managing Director, Citco Fund Services (Luxembourg) S.A., highlighting the region’s role in private markets and cross-border fund structures. “Citco is the world’s largest organically grown asset servicer in alternative investments,” added Jay Peller, Chief Operating Officer, Citco, emphasizing the firm’s model of automation, scalability, and agility.
Implications for Private Markets
As a widely-known context, Luxembourg has long been a major center for alternative investments, and this relocation aligns with Citco’s efforts to strengthen its global office network. According to Private Equity Wire, the move ensures Citco is positioned to deliver superior service to alternative asset managers worldwide through its comprehensive range of services and world-class technology.
