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Foreign Exchange Solutions for Private Funds

Our Foreign Exchange team helps CFOs and GPs simplify the complexity of transacting in foreign currencies. We deliver speed of execution, respond quickly to your opportunities and issues, and share relevant market insights and advice to help mitigate the impact of foreign exchange (FX) risk on fund return performance.

Industry Expertise

Buyout Buyout
Energy Energy
Fund of funds Fund of funds
Growth equity Growth equity
Infrastructure Infrastructure
Private credit Private credit
Real estate Real estate
Secondaries Secondaries
Venture capital Venture capital

Why First Citizens FX

Accelerated, simplified FX transactions

From identifying a cross-border investment opportunity to negotiating deal terms and making the final investment commitment, we help CFOs experience seamless start-to-finish FX trade and settlement execution.

Personal and nimble service

We are a highly dependable, market segment-focused FX relationship team that leverages Our speed and close client relationships allow us to deliver great service and coverage.

Hedge advisory

The team formulates and delivers comprehensive currency risk management advice, peer industry insight, and strategies tailored to fund transaction-specific deal flow.

Comprehensive, industry-tailored solutions platform

FX Solutions
Find the solution that fits your needs
  • Spot and forward contracts
  • Forward window contracts
  • FX option strategies
  • 24-hour market orders
  • Comprehensive major and minor currency coverage
Trade Execution

Trade how you want, when you want

  • Online banking
  • Worldwide 24/5.5 client coverage via online or our traders
  • Multiple third-party platforms
  • Algorithmic trading solutions
Risk Management

Help protect against currency risk

  • PE/VC FX risk specialist
  • Management company fee and expense hedging
  • Transactional deal- related hedging
  • NAV-based (Net Asset Value) hedging
  • Fund and portfolio company rates hedging
Actionable Market Insights

Make informed decisions

  • Timely advisories on major market events
  • Guidance on industry best practices
  • Regulatory insights
  • Online content, webinars and events
Foreign Currency Accounts

Streamline your accounts

  • US-domiciled foreign currency account
  • Receive exit proceeds via our currency accounts
  • In-country accounts via our bank network

Select FX clients

We serve private equity and venture capital firms at all stages of investment and across industries.

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All companies listed above are independent third parties and are not affiliated with First Citizens Innovation Banking.

To learn more, contact our FX team

Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own tax, financial, legal, accounting, and other advisors and only make investment decisions on the basis of your own objectives, experience and resources. Opinions expressed are our opinions as of the date of this content only. The material is based upon information which we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such.

This material, including without limitation to the statistical information herein, is provided for informational purposes only. The material is based in part on information from third-party sources that we believe to be reliable but which has not been independently verified by us, and, as such, we do not represent the information is accurate or complete. The information should not be viewed as tax, accounting, investment, legal or other advice, nor is it to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. Nothing relating to the material should be construed as a solicitation, offer or recommendation to acquire or dispose of any investment, or to engage in any other transaction.

All third-party trademarks referenced by First Citizens Bank remain the property of their respective owners. First Citizens Bank’s use of third-party trademarks does not indicate any relationship, sponsorship or endorsement between First Citizens Bank and the owners of these trademarks. All references by First Citizens Bank to third-party trademarks are to identify the corresponding third-party goods and services and intended to constitute nominative fair use under applicable trademark laws.

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