Citi has been awarded a mandate from Kimmeridge Energy Fund, a New York-based private equity (PE) fund focusing on early stage unconventional upstream energy investments in the US, to provide PE fund and cash administration services.
Citi will support the fund implementation and set-up, along with providing fund administration, accounting, US tax compliance and cash services.
“Citi’s industry knowledge and expertise have been instrumental in supporting the launch of our new PE fund,” said Noam Lockshin, vice president of Kimmeridge Energy Fund. “With Citi providing our PE administration and cash services we can focus more of our time on looking for new investments and serving our investors.”
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