New head of private equity and private credit for Citco Fund Services

Remit includes enhancement of digital client experiences for internally promoted executive. 

By Richard Schwartz

Citco has appointed Claudia Bertolino as head of private equity (PE) and private credit (PC), fund services, with a remit to create widespread operational efficiencies and enact the firm’s plans for digitising its client experience within both PE and PC.  

Bertolino has over 20 years’ experience within Citco, having held senior roles in client service, accounting and business development. For over five years, she has also been a member of Citco Fund Service’s Management Team. In 2019, she was named one of the 50 Leading Women in Hedge Funds.

“It is with great pleasure that I announce the appointment of Claudia Bertolino to this key position within our business,” said Jay Peller, head of fund services at Citco Fund Services (USA). “Claudia’s talent and dedication to our company made her the clear choice for this role, and we have full confidence she will succeed in creating operational efficiencies and further progressing our PE and PC business as she has done with client service, business development and ESG in what has been an impressive 20-year career within Citco – at a key time for alternatives.”

Bertolino’s remit includes creating a more consultative service model, and more digitised, technology-enabled platforms to support PE and PC managers, while helping to provide tools to increase collaboration among managers, lawyers, accountants and investors.

“This is such a valuable growth period for private equity and private credit as they become increasingly cemented in investors’ portfolios,” Bortolino commented. “Our business has grown exponentially…but there is more to do in terms of streamlining our client experience and creating a technology-first proposition. The need for automation and cybersecurity is paramount as more clients adopt data-driven workflows. Structured data exchange is the future, and I couldn’t be more proud to be at the forefront of this evolution within private markets asset-servicing.”