A word from the judges...

“Citi Private Bank was recognised as Highly Commended Private Bank – Alternative Advisory for its disciplined, education-led approach to integrating alternative investments into client portfolios across Asia. Product innovation further strengthened its offering, and the bank also enhanced its platform through a strategic partnership with iCapital, delivering a modern, end-to-end technology infrastructure covering onboarding, servicing and reporting,” said Audrey Raj, editor of Asian Private Banker.

“A key strength of Citi’s advisory model is its programmatic approach to alternatives. Rather than episodic investing, clients are guided to establish target allocations across hedge funds, private equity and real assets, supported by structured portfolio construction and ongoing rebalancing. This approach resonated strongly in 2025, driving robust growth in alternative investment allocations and record inflows as market volatility created an attractive environment for active strategies.

“Furthermore, Citi’s Project Evergreen expanded access to private markets through open-ended structures across private equity, credit, infrastructure and real estate, offering improved liquidity, greater transparency and lower minimums. These solutions broadened participation while maintaining institutional-quality standards.

“Enhanced reporting, digital servicing and streamlined onboarding improved the client experience across the alternatives lifecycle, while ongoing due diligence and governance processes ensured consistency with institutional standards.

“Together, Citi Private Bank’s global reach, structured advisory framework, product innovation and operational strength reinforce its position as a trusted alternatives advisor, supporting its recognition as Highly Commended Private Bank – Alternative Advisory.”