Citi Appointed by EOS Partners, LP to Deliver Bank Loan and Hedge Fund Administration Services to Four EOS Credit Funds

New York, NY - February 14, 2011 – Citi today announced that it has been appointed by Eos Partners to provide a comprehensive suite of back- and middle-office hedge fund administration services for its four Eos Credit Funds. The services include bank loan administration, document management, and loan portfolio analytics. This latest mandate adds to Citi’s existing portfolio of $65 billion in bank loan assets under administration and custody.

“Following our review of service providers, we selected Citi because of market expertise and the comprehensive range of services it provides,” says Jay Appel, Director of Operations for the Eos Credit Funds. “We were especially impressed by Citi’s depth of experience in the bank loan space.”

Bob Wallace, North America Head of Securities and Fund Services, Citi, added, “Eos has extensive experience with credit and syndicated bank loans across both hedge funds and private equity. Citi specializes in this space, and we are pleased Eos has selected us. It is a testament to the quality our solution brings to the marketplace.”

Citi provides credit hedge fund managers with a comprehensive suite of integrated end-to-end middle and back office services spanning the entire post-execution lifecycle. The offerings are designed from a fund manager’s standpoint to help diversify counterparty risk, gain more frequent 3rd party verification of their holdings and valuations, and ultimately focus more of their professional, financial and technological resources on making investment decisions and provide more transparency to investors.

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 $12.6 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 fourth quarter of 2010, it held on average $353 billion in liability balances and $12.6 trillion in assets under custody.

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About Eos:
Founded over 15 years ago and based in New York, Eos is an established alternative investment manager with approximately $1.8 billion of capital invested in private equity, credit securities and public equities. Additional information may be found at www.eospartners.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. 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 www.citigroup.com or www.citi.com.

About Global Transaction Services
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, Citi’s Global Transaction Services supports over 65,000 clients. As of the fourth quarter of 2010, it held on average $353 billion in liability balances and $12.6 trillion in assets under custody.

Through its Securities and Fund Services business, Citi provides institutions worldwide with an unparalleled portfolio of offerings that enable them to grow, reduce cost and mitigate risk. With $12.6 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.