Citi to Provide Comprehensive Portfolio of Investor Services for Firm’s UCITS Products

New York - September 16, 2010 – Citi announced today that its Global Transaction Services unit has been appointed by Cramer Rosenthal McGlynn, LLC (CRM), a leading value investment specialist, to provide a full suite of investor services to a newly formed umbrella fund and two newly launched sub-funds. The Irish-domiciled Cramer Rosenthal McGlynn UCITS PLC Fund products, the CRM Global Opportunities Fund and the CRM US Equity Opportunities Fund are the latest offshore products offered by the U.S.-based investment manager.

Under the terms of the agreement, Citi will provide CRM with a range of investor services, including trustee, custody, administration, transfer agency, cash management and FX for the Irish-domiciled UCITS Funds.

"We are very pleased to have Citi as our new investor services provider and are looking forward to developing a strong working relationship with them," said Ronald McGlynn, Chairman and CEO of Cramer Rosenthal McGlynn, LLC. "As we continue to expand our global footprint and widen the scope of our services, we look to Citi as a partner in growth and provider of innovative and efficient solutions."

Neeraj Sahai, Global Head of Securities and Fund Services, Citi, added, "This new agreement signifies another milestone for Citi’s commitment to the Investor Services business. We look forward to cultivating a long-term relationship with Cramer Rosenthal McGlynn, working together to optimize the benefits of their new UCITs funds. CRM will have access to Citi’s valued-added resources, including our product and market expertise, wealth of experience in investor servicing and unparalleled global network, thus supporting their growth in the international pensions and savings industries."

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 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 Citigroup’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 2010, it held on average $320 billion in liability balances and $11.3 trillion in assets under custody.


About Cramer Rosenthal McGlynn, LLC
Cramer Rosenthal McGlynn, LLC is a registered investment adviser with headquarters in New York City. The firm was founded in 1973 as a value equity manager. The firm currently serves as investment adviser to corporate and public pension plans, endowments and foundations, hospitals, community and religious organizations, Taft-Hartley and multi-employer funds, as well as individual and family trusts. Additional information may be found at

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. Through Citicorp and Citi Holdings, 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 or .