Citi Awarded Expanded Mandate to Provide Hedge Fund Administration Services to Kayne Anderson Capital Advisors

  Citi Awarded Expanded Mandate to Provide Hedge Fund Administration Services
  to Kayne Anderson Capital Advisors

Business Wire

NEW YORK -- December 04, 2012

Citi has been awarded an expanded mandate from Kayne Anderson Capital Advisors
(“Kayne Anderson”) to provide administration services for five additional
hedge funds. Citi’s total hedge fund mandate with Kayne Anderson now includes
seven funds and over $2 billion in assets under administration.

Kayne Anderson is a Los Angeles-based alternative investment firm focusing in
the energy, infrastructure, growth capital, real estate and middle market
credit sectors.

“We are pleased to continue to demonstrate the value of our operational team,”
said Bob Wallace, North America Head of Securities and Fund Services, Citi.
“We look forward to continuing to support Kayne Anderson’s growth by
delivering leading technology that assists our client’s ability to provide

With over $445 billion of alternative assets under administration, Citi is a
leading provider of investment services that help hedge fund managers ease
operational and administrative burdens. Citi’s full suite of solutions
delivered through Citi OpenInvestor^SMlets hedge fund managers focus on
building relationships and growing their business.

“Clients such as Kayne Anderson are looking for a provider that knows how to
support them in meeting the expectations of their investor base,” said Michael
Sleightholme, Citi’s Global Head of Hedge Fund Services. Citi understands
their needs and is committed to helping make that happen. We look forward to
working together with Kayne to help them reach their business objectives.”

Citi OpenInvestor is the investment services solution for today’s diversified
investor that combines specialized expertise, comprehensive capabilities and
the power of Citi’s global network to help clients meet performance objectives
across asset classes, strategies and geographies. Citi OpenInvestor provides
institutional, alternative and wealth managers with middle office, fund
services, custody, and investing and financing solutions that are focused on
their specific challenges and customized to their individual needs. For more
information, visit

Citi Transaction Services, a division of Citi’s Institutional Clients Group,
offers integrated cash management, trade, and securities and fund services to
multinational corporations, financial institutions and public sector
organizations around the world. With a network that spans more than 95
countries, Citi’s Transaction Services supports over 65,000 clients. As of the
third quarter of 2012, it held on average $415 billion in liability balances
and over $12.8 trillion in assets under custody.

About Citi:

Citi, the leading global financial services company, has approximately 200
million customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments and
institutions with a broad range of financial products and services, including
consumer banking and credit, corporate and investment banking, securities
brokerage, transaction services, and wealth management.

Additional information may be found at | Twitter: @Citi |
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Nina Das, 212-816-9267
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