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Citi Enriches Private Market Offerings for Citigold Private Clients in Collaboration with Blackstone, Blue Owl and KKR
Citigold Private Clients will gain access to alternative asset classes including private equity and private infrastructure
HONG KONG SAR and SINGAPORE – Media OutReach Newswire – 29 January 2026 – Citi Hong Kong and Citi Singapore have announced strategic partnerships with leading global private market firms Blackstone, Blue Owl and KKR, to launch evergreen funds for high net-worth clients who are seeking enhanced wealth solutions and greater portfolio diversification.
Through the partnerships, Citigold Private Clients in Asia and the Middle East will gain access to private markets, including equity, credit, infrastructure, and real estate. These alternative asset classes have traditionally been reserved for institutional investors.
The funds will be structured in an evergreen format, offering simplified access to private markets with more flexible subscription and liquidity terms than traditional closed-ended private markets solutions, subject to a minimum initial holding period.
The launch of the funds has started and the funds will continue to be rolled out in the next few months.
Citigold Private Clients will be able to diversify their portfolios, capture opportunities for uncorrelated returns and long-term growth, as well as participate directly in the value creation inherent in private markets assets.
Ms Vicky Kong, Head of Wealth, Asia North and Australia, Citi, said: “In today’s complex and volatile market, our clients are rightly seeking resilient, diversified sources of returns beyond traditional public markets. This collaboration with Blackstone, Blue Owl and KKR directly addresses that demand, providing sophisticated access to private markets that were once the exclusive domain of institutional and private bank investors. This is more than a product expansion, it’s a significant step in our commitment to delivering comprehensive wealth management solutions to our affluent clients, and empowering our clients to build long-term portfolios fit for the future.”
Ms Yeo Wenxian, Head of Wealth for Asia South, Citi, said: “We are excited to work with Blackstone, Blue Owl and KKR to leverage their industry leadership, investment expertise and robust deal-sourcing capabilities. These investment vehicles will deepen and broaden Citi’s comprehensive wealth management offerings, further cementing our role as a trusted partner to our clients in their wealth journeys.”
Mr Ed Huang, Head of Asia Pacific for Blackstone Private Wealth, said: “We are delighted to build on our longstanding relationship with Citi, combining its robust network and Blackstone’s position as the world’s largest alternatives manager, with proven performance in scaled offerings and a 23-year track record serving individual investors. We remain committed to expanding access to institutional-quality private market opportunities for Citi’s high-net-worth clients, helping them diversify their portfolios. Education is the cornerstone of our platform, and we look forward to deepening our partnership by providing enhanced resources and insights into private markets.”
Mr Sean Connor, CEO and Global Head of Private Wealth at Blue Owl Capital, said: “Our global partnership with Citi for their platform expansion in Asia is a critical milestone in our collective effort to provide best-in-class access to the private markets for investors. We are pleased to bring Blue Owl’s differentiated investment capabilities, all-weather solutions, along with dedicated service and support for Citi financial advisors and their clients. Our priority is to continue to provide differentiated access to institutional-grade solutions that empower investors to unlock the full potential of the private markets in their portfolios with leading global partners like Citi.”
Ms Jacqueline Zhuang, Managing Director and Head of Global Wealth Solutions Asia Pacific ex-Japan at KKR, said: “This strategic partnership with Citi provides their advisors and clients across Asia and the Middle East with differentiated access to KKR’s suite of evergreen private equity, infrastructure and private credit strategies. Individual wealth investors expect access to the same private markets investment opportunities as institutions. Together with Citi, we are focused on delivering a comprehensive solution that combines investor service, education, and access to KKR’s differentiated investment capabilities.”
Hashtag: #Citibank
The issuer is solely responsible for the content of this announcement.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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Global Governance Report Highlights Future Shock Risks as Democratic Accountability Slips and State Capacity Plateaus
The BGI, presented Wednesday by an international group of governance scholars, analyses measurable benchmarks of democratic accountability across 145 countries.
On a 100-point scale, the global score for democratic accountability slipped slightly from 65 in 2000 to 64 in 2023, the most recent data used in the project. The wave of democratisation observed in the closing decades of the last century has stalled in the last 15 years. Democratic accountability fell in 54 countries while it improved in 48 countries.
Yet the BGI — a collaborative project of the Luskin School of Public Affairs at the University of California, Los Angeles (UCLA), Berlin’s Hertie School and the Berggruen Institute, a think tank headquartered in Los Angeles — captures remarkably widespread growth in provision of public goods.
Encompassing healthcare, education, infrastructure, environmental sustainability and conditions to foster employment and rising prosperity, public goods improved in 135 of the countries studied, while declining slightly in just four. The global average jumped from 58 to 69 points from 2000 to 2023.
The third component of what the BGI authors refer to as the “governance triangle” is state capacity, defined as the ability to tax, borrow and spend, control territory, operate scrupulous, competent bureaucracies and administer predictable rule of law. The index finds the global average ticking up from 48 to 49 points; 56 countries had increased state capacity while 57 declined.
“What does it tell us about the world ahead?” Prof. Helmut K. Anheier, a Luskin School sociologist and BGI principal investigator, asked during the public release of the 2026 BGI on the UCLA campus.
“Countries are not really improving in their governance performance in significant ways. … We’re not really having forward-looking investment in governance capacity. There is considerable inertia.”
The largest improvements across all three BGI components occurred in Gambia, which the report groups with “low-capacity developing states.” These states score low across the board, particularly in the provision of public goods. This cluster constitutes the poorest countries with the least developed economies, which face the most serious challenges.
“They have the greatest exposure to likely future crises, whether it’s global warming, whether it’s a new pandemic, whether it’s another financial crisis, whether it’s the impact of AI,” Anheier said. “And they have the least capacity to respond to it.”
Bhutan, Georgia, Iraq and Tunisia — which make up the remaining top five countries with the largest improvements in the BGI — are classified as “capacity-constrained states.” They tend to be middle-income with struggling democracies. These countries score higher across the board than the low-capacity developing states, but their state capacity tends to lag compared to public goods and democratic accountability.
The capacity-constrained states risk falling into “a cycle that erodes the institutions they have built,” Anheier said.
“Consolidated democratic states”, a cluster of most of the world’s richest countries, which score highly in all three BGI components, have to confront domestic complacency. Further, in the United States and some others, “political dysfunction” is leaving mounting problems unaddressed and risking erosion of state capacity, Anheier said.
At the other end of the spectrum, the country with the farthest fall on the BGI since 2000 is Nicaragua. Second from last is Venezuela, followed by Hong Kong, Hungary and Turkey. The rest of the bottom 10 are Russia, Iran, Poland, El Salvador and Belarus.
Since 2023, which is the last year of data available for the study, Poland and Hungary have both seen government changes via election, despite serious democratic backsliding. Both had fallen out of the group of “consolidated democratic states” by 2023 and moved into the capacity constrained cluster.
The other eight countries at the bottom of the list are all places that once had some semblance of competitive elections, but by now have little or no remaining pretense of democracy. They are grouped by the authors among the “authoritarian and hybrid states”, which have by far the lowest democratic accountability but outperform even some struggling democracies in delivering public goods.
These regimes have tended toward faster economic growth in the period observed. But that seeming prosperity, typically fueled by extractive industries or overreliance on exports, masks “serious institutional weaknesses in these countries, including divided elites,” Anheier said.
Relatively few countries — 21 of the 145 — changed enough for better or worse to be classified in a new group by the end of the 23-year study period.
“Movement between them is rare, but this is largely what we should expect,” said Stella Ghervas, a UCLA historian on a panel of experts who discussed the BGI findings Wednesday. “Government systems are not created in a moment. They evolve over long periods of time.”
Local conditions shaping governance in each country can rarely be quickly reset through political will or even external shocks, Joseph C. Saraceno, a Luskin School data scientist and BGI co-author, said Wednesday.
“Despite all the talk of major transformations happening in global affairs, the underlying configuration of governance simply doesn’t appear to change very much,” Saraceno said. “We use the term inertia to describe this reoccurring pattern. In other words, the structures of global governance are resistant to movement as the conditions beneath them are quite sticky: political economies, demographics, resource endowments. These are deeply layered, and they push each country toward the world that it already inhabits.”
But the challenges lurking around the world may not wait for the slow and difficult processes of political change and development to catch up.
“With the few exceptions of those countries in the consolidated democratic world,” Anheier said, “the great majority of the countries in the world is ill-prepared for the future.”
The full report, ‘ 2026 Berggruen Governance Index – The Four Worlds of Governance‘, can be viewed and downloaded from the website of the UCLA’s Luskin School.
Frank Fuhrig, DNA
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Grobrix Launches “Silver Harvest Initiative”, Turning Schools into Micro-Farms Powered by Students and Retirees
The pilot transforms existing spaces such as corridors and rooftops into small-scale growing sites using compact, soil-less farming systems. By using existing infrastructure instead of new farmland or large facilities, the model enables food production across multiple community locations, making it easier to implement in schools and shared environments.
Students take part in planting, transplanting and harvesting as part of their daily school environment, while crops such as leafy greens can be harvested in cycles of approximately three weeks. This demonstrates how consistent production can be achieved even within limited spaces.
Retirees, known as “Silver Farmers”, manage the farms and oversee daily operations. Students support planting, harvesting and basic monitoring, creating a working environment where food production becomes part of everyday school life. The setup also gives students direct exposure to how food is grown and managed, turning the school into a hands-on learning environment aligned with sustainability and applied learning goals.
“Singapore does not have the luxury of large farming spaces. But we have schools, and we have retirees who want to contribute. This pilot shows that food production can be practical and repeatable by using spaces we already have,” said Mathew Howe, Founder of Grobrix.
The initiative comes amid growing adoption of micro-farming across Singapore, with schools, companies and community spaces increasingly integrating small-scale food production into existing environments. Demand for such systems has risen in recent months, reflecting broader interest in community-based approaches to food resilience.
The Bukit View Primary School pilot will run over 12 months, focusing on improving yields and integrating produce into school consumption. Grobrix will track how much of the school’s leafy green needs can be met through these growing spaces, with the aim of developing a model that can be adopted across other schools.
Grobrix has installed more than 100 edible growing systems across Singapore and is expanding its footprint regionally and internationally. The company plans to scale the Silver Harvest Initiative to more schools while training additional retiree participants, building a network of community-based growing sites over time.
As Singapore continues to strengthen its food security strategy, including updated targets to increase local production of vegetables and protein by 2035, the initiative offers a practical example of how food production can be integrated into everyday environments beyond traditional farming spaces. It also aims to build greater awareness of food sources and encourage more active participation in local food systems.
Hashtag: #Grobrix #growingtogether #sustainability #urbanfarming
https://grobrix.com/
Grobrix is a Singapore based agritech company that integrates farming into the built environment through its patented “Farming as a Service” model. By combining modular vertical farming technology with a cloud based management system, the company enables corporate and residential spaces to produce high quality local crops. Beyond hardware, Grobrix fosters community engagement and food resilience through its unique intergenerational and corporate wellness programs. Currently operating across Singapore, Malaysia, and the United States, the brand is redefining how urban populations interact with their food sources. Its mission is to transform urban infrastructure into a productive, sentient, and sustainable ecosystem for all.
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CUHK Claims Top Positions in Hong Kong and Asia in the Latest QS World University Rankings by Subject
CUHK’s Academic Excellence and Global Research Impact
Ranked among the world’s top 50 universities, CUHK ascended to 32nd place globally in the QS World University Rankings 2026, marking a four-place rise that reinforces its role as a hub for rigorous inquiry, and a dynamic environment where students are empowered to pursue meaningful research and knowledge exchange. This trajectory is supported by 17 CUHK researchers recognised on the Highly Cited Researchers 2025 list by Clarivate Analytics, and 431 academics listed among the world’s top 2% scientists by Stanford University. Among them, 47 scholars were ranked within the global top 100 in their respective fields. Notably, three scholars, including Vice-Chancellor and President Professor Dennis Lo Yuk-ming, have earned positions within the global top 10, a distinction that highlights the remarkable depth and excellence of CUHK’s research community.
CUHK’s The Nethersole School of Nursing: Nurturing Research Innovation and Global Talent in Nursing
Among CUHK’s strongest performers in this year’s rankings, the Nethersole School of Nursing has been ranked #1 in Hong Kong and Asia, and #6 worldwide. Reflecting on the academic environment, Pham Nhat Vi DO, a Vietnamese PhD student in Nursing, shared: “My PhD journey at CUHK has transformed my research abilities, critical thinking, and leadership skills. Through CUHK’s outstanding faculty support, I have accessed diverse academic resources and gained invaluable hands-on experience, building a strong foundation for my future career.”
Vi’s research focuses on colorectal cancer survivorship using cutting-edge technology. As the first Vietnamese researcher adopting this approach, her work reflects CUHK’s strength in empowering students to break new ground.
CUHK’s Geography and Resource Management: Advancing Student Research on Pressing Climate Challenges
CUHK’s Department of Geography and Resource Management has also earned notable recognition in this year’s ranking, placing #4 in Asia and #21 worldwide. Arati POUDEL, a Nepali PhD student, highlighted the University’s research ecosystem as a key defining aspect of her experience. “CUHK exceeds expectations through outstanding research facilities, supportive faculty, and comprehensive professional development opportunities. The prestigious Belt and Road Scholarship has also enriched my research journey in this beautiful campus environment.”
Supported by CUHK, Arati’s research investigates how adaptation to climate extremes—particularly water scarcity and excess—are being addressed, and the pivotal role played by communities and civil society in leading these responses.
Through the QS World University Rankings by Subject 2026, CUHK continues to demonstrate the impact of its research and scholarship. These achievements underscore the University’s growing influence on the global academic stage and its steadfast commitment to addressing complex global challenges through innovation, insight, and collaboration.
Hashtag: #CUHK
The issuer is solely responsible for the content of this announcement.
About CUHK
The Chinese University of Hong Kong (CUHK) is a leading higher education institution dedicated to nurturing and empowering students to become responsible and compassionate global citizens. With a rich heritage and a forward-looking vision, CUHK strives to blend tradition with innovation, fostering academic excellence, research breakthroughs, and meaningful societal impact.
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