GIC completed the investment in Citco.

GIC, a long-term investor, completed the investment in Citco, a privately owned global hedge fund administrator. Financial terms were not disclosed. “Citco has organically grown into a global market-leading asset servicing business, delivering value to investors like GIC for over 50 years. Our investment aligns squarely with GIC’s commitment to building long-lasting partnerships that empower family-owned businesses to thrive. With a combination of client-centric solutions and savvy technological investments, Citco is at the forefront of their industry. We look forward to partnering with Citco and the Smeets family as we embark on this new chapter together," Girish Karira, GIC Head of Integrated Strategies Group.