Citigroup has announced the establishment of Ivaldi Capital, a novel new platform to accommodate the increasing demand for alpha-generating investments by pension funds, endowments and sovereign wealth funds. The premise behind Ivaldi is the investment vehicle Citi created in 2008 for ATP, the Danish state pension fund. Dubbed AlphaOne at the time, it allowed ATP to access alpha-generating investments in a cost-effective manner without having to create the infrastructure to support such investments.
Ivaldi offers end-to-end service for institutional investors seeking access to active alpha or absolute return strategies via external managers. Among the services it provides are state-of-the-art