Fund administrator 4Pines, led by five other former private markets firms CFOs, hires yet another, this time from THL.
The asset class’s idiosyncrasies require up-tempo administrative and underwriting, compared to private equity.
As scrutiny on data and tech intensify, good cybersecurity practices don’t just protect value, they’re a differentiator. Gen II’s CISO Randy Siegel outlines the key components of a strong cybersecurity regime.
The AI-enabled data automation platform is expected to reduce manual reporting and speed investor updates.
The fund administrator has hired a former finance and compliance chief from a real estate sponsor.
Fund administrator consolidation is accelerating, and co-sourcing can help mitigate risk to the relationship of trust between the acquired admin and their GPs, argues 4Pines Fund Services CEO Mike Trinkaus.
The company is set to launch its offering in the fourth quarter, which will be integrated with GPs and private banking platforms.
The partnership will allow private funds to use automation to grow faster and more efficiently.
The seasoned attorney comes from Kirkland & Ellis and has over a decade of experience.
The challenges span staff retention to handling workloads in growing areas.