Citco is targeting family offices with the launch of Citco Institutional Services (CIS) - an investment record-keeping and reporting team.

CIS offers verification of fund fees, across both open-end and close-end fund charges, including management, incentive and carry structures as well as delivery of standardised reports.

It also provides a performance book of records so that investors can capture transparency on their investments, including incorporation of all historical adjustments.

Nick Eisenlau has been appointed as the head of institutional services to lead the development of the business. He was previou...