Citco beefs up team with new hire

The Citco Group of Companies has appointed Barbara Flusk as senior executive vice president, head of real estate fund services. Previously, Flusk worked at Clarion Partners where she most recently served as senior vice president of financial operations.


NEW YORK–(BUSINESS WIRE)–The Citco Group of Companies (“Citco”) today announced that Barbara Flusk has joined the company in the newly created role of Senior Executive Vice President, Head of Real Estate Fund Services. Ms. Flusk will report to Jay Peller, Head of Fund Services.

“With more than two decades of experience in real estate accounting and finance, Barbara is the ideal person to lead our growing real estate administration services platform,” said Mr. Peller. “Her industry experience and knowledge base will be of significant benefit to our clients and will help bolster the bespoke offerings and services we can provide to firms across fund strategies and real estate classes. We are excited to welcome her to the team and look forward to her many contributions.”

Ms. Flusk said, “I look forward to working with the high calibre team to grow Citco’s real estate offerings and help clients address their operational needs and meet the challenges facing them today.”

Ms. Flusk joins Citco from Clarion Partners, a leading real estate investment manager, where she most recently served as Senior Vice President of Financial Operations, responsible for developing financial reporting policy, establishing protocol for investment reporting systems, and managing the risk and internal controls program related to all accounting and finance functions. During her 12-year tenure at Clarion, she also served as CFO for the company’s $8 billion flagship fund and its $500 million co-investment portfolio. Prior to joining Clarion, Ms. Flusk served as Vice President at Deutsche Asset Wealth Management (RREEF). She is the Treasurer and Board Member of WX (New York Woman Executives in Real Estate) and co-chairs the NCREIF’s Accounting Committee and the Global Fee and Expense Workgroup. Ms. Flusk received a Bachelor’s of Science in Accounting from Thomas Edison State College and is a member of the AICPA and the NJCPA.

About Citco Group of Companies
The Citco Group of Companies is a worldwide network of independent financial service companies serving the world’s elite hedge funds, private equity and real estate firms, institutional banks, Global 1000 companies and high net worth individuals. Citco companies service these sectors in their respective geographic areas by offering hedge fund administration, custody and fund trading, financial products and corporate and trust planning solutions. Citco has offices in over 40 countries with more than 6,000 staff.