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Alternative Assets  + Markets  + Real Assets  | 
Citco Appoints Co-Heads to Drive Real Assets Business

Citco Appoints Co-Heads to Drive Real Assets Business

Citco has appointed Michelle Clements and Joep Hamers as co-heads of Real Assets at Citco Fund Services. The pair will be responsible for overseeing and leading the firm’s global growth strategy.

Florida-based Clements began working with Citco in 2022 as head of North America Real Assets. She previously oversaw real estate operations & fund accounting at BNY for seven years, following 22 years of real estate client and investor reporting leadership at Deutsche Bank.

Hamers, who is located in Amsterdam, has held several leadership positions at Citco since joining in 2002. When CFS established its dedicated Real Assets unit in 2017, Hamers was a member of the management team in charge of customer relationships. He most recently served as Real Assets’ head of client services and strategy.

“I am confident that their combined leadership skills position us well to achieve accelerated growth for Real Assets in 2025,” said Jay Peller, head of fund services at CFS.

Connect

Inside The Story

Michelle ClementsJoep Hamers

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.