Citco launches capital advisory service

Citco has launched a capital advisory service focusing on arranging debt and equity capital for sponsors and in alternative investment vehicles.

Entitled Citco Capital Solutions, the new service will provide capital advisory services to hedge funds, private equity and real estate firms.

The new service will be led by Michael Peterson as managing director, who has spent the previous six years at Citco as its managing director.

“Alternative investment managers are increasingly looking to non-banks for their financing and capital raising needs, said Peterson.

“We look forward to leveraging our robust financial, transactional, and alternative investment expertise to help both existing Citco clients and other firms meet their capital raising needs on a global scale.”