Citi Expands Services for Private Equity Investors with a Complete Portfolio Administration Solution

Citi today announced that it has expanded its private equity and real estate administration services with an extension of its end-to-end portfolio administration capability. This enhanced service provides private equity investors with a consolidated view of investments across multiple funds and administration agents, and supports the full suite of back-office operational activities to provide investors with improved transparency and risk management capabilities.

Private equity investors are facing an increasing burden to consolidate data, track returns and administer investments across multiple funds and administration agents. Responding to this need, Citi leveraged the Burgiss Private i and Private Informant tools through the Burgiss Group, an industry leader in technology and data services, to deliver integrated investment reporting and analytics that are seamlessly integrated into Citi’s private equity administration service.

“We are very pleased with the solution that Citi has developed which delivers an exceptional level of transparency across our private equity holdings portfolio and enhances our decision-making capabilities,” said Terrence Clancy, CFO Alternatives, PineBridge Investments. “Now, in combination with Citi’s global administrative capabilities, we are able to focus more time on serving our clients.”

“Our expanded Private Equity Portfolio Administration Services highlight Citi’s long-standing commitment to provide premier administrative services and market-leading technology to our private equity and real estate clients,” said Sanjiv Sawhney, Global Head Fund Services, Citi. “The solution provides comprehensive web based Investor reporting, data analytics and operational capabilities to enable private equity investors like PineBridge Investments to focus more of their resources on managing assets and client relationships. PineBridge Investments is a long standing and very important client and we look forward to continuing to develop our relationship and provide the services they need to grow their business.”

Through its Securities and Fund Services business, Citi’s industry-focused experts provide investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture. With over $13.5 trillion of assets under custody and the industry’s largest proprietary network, clients can leverage Citi’s local market expertise and global reach to extract value across the entire investment value chain.

Global 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 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the second quarter of 2011, it held on average $365 billion in liability balances and $13.5 trillion in assets under custody.

About PineBridge Investments:

PineBridge Investments manages $77. 9 billion in assets, as of 30 June 2011 for institutional and individual clients across an extensive platform of listed equity, fixed income, private equity and hedge capabilities. With approximately 800 employees, PineBridge Investments’ strong global network captures local market knowledge and identifies potential opportunities for the benefit of investors around the world. For additional information on PineBridge Investments, visit www.pinebridge.com.

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 www.citigroup.com.

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