Citigroup has formed a Global Transition Management business to service institutional investors restructuring their investment portfolios.
“With the launch of this business, we have created a global platform to serve the institutional investor community leveraging the full breadth of Citigroup’s franchise,” says James Forese, Global Head of Equities.
Global Transition Management will be co-headed by Sharon Egilinsky and Tim Wilkinson. Wilkinson, who established the business in Australia, will now be based in London. Egilinsky, who will be based in New York, joins Citigroup from Deutsche Bank, where she developed and managed their Global Transition Management platform.
“Addressing plan sponsors’ concerns with respect to portfolio restructurings requires a dynamic, carefully constructed platform – one that Citigroup is uniquely positioned to deliver,” says Egilinsky.
Both Egilinsky and Wilkinson will report to Will Geyer, and Wilkinson will also have a joint reporting line to Patrick Spens in London.
“With Citigroup’s unsurpassed analytic and execution capabilities, our formal entrance into the Transition Management business is a necessary step for us to enhance our comprehensive product array for the pension community,” says Will Geyer, Global Head of Alternative Execution Services at Citigroup.