Citadel Solutions LLC has announced that Wolverine Asset Management, LLC, a Chicago-based hedge fund manager with nearly $650 million in assets under management, has selected Citadel Solutions as its new, full-service fund administrator. The decision comes after a thorough evaluation of a number of leading administrators across the industry.
“After considering several top administrators, we chose the firm that we believe will add the most value and help us drive our business forward,” said Christopher Gust, Chief Executive Officer of Wolverine Asset Management. “Citadel Solutions has solid technology combined with an experienced team, and we look forward to working together.”
President of Citadel Solutions, John Buckley, added: “Wolverine has built a successful model by leveraging the latest technology and attracting highly talented people. We are very pleased to work with their team as we support their platform and create opportunities together over time.”
About Wolverine Asset Management, LLC
Wolverine Asset Management, LLC offers structural arbitrage strategies to hedge fund investors and seeks to identify arbitrage opportunities in bond, equity, and derivatives markets using its proprietary modeling, technology, and execution platform. For more information visit www.wolve.com.
About Citadel Solutions
Launched in 2007, Citadel Solutions (www.citadelsolutions.com) provides technology-driven fund administration and reporting services to hedge funds that operate across a broad range of investment strategies. With more than $25 billion in assets under administration, Citadel Solutions leverages Citadel’s best-in-class infrastructure and leading-edge technology to provide Operational Alpha®to its clients.
Contacts:
Citadel
Katie Spring, 312-395-2596
katie.spring@citadelgroup.com
or
Wolverine
Brian
Tracy, 312-884-3425
btracy@wolve.com