Fund Administration

'We went from everybody wants to have an ILPA template to everybody wants ILPA-plus,' Petra managing partner Stephen Coats said.

Luxembourg-based Alter Domus has over $2.5trn assets under administration.

Service provider uses Canoe Intelligence product to lift productivity and cut errors.

Most fund administrators use antiquated technology that doesn’t allow clients access to their data. Co-sourcing turns the tables on that, writes Celeste Barone of 4Pines Funds Services.

The tech provider aims to make calculating overall carry more efficient as firms struggle to attract and retain operational talent.

Service provider will use investment to add talent and scale its offerings.

Provider aims to make calculating overall carry faster and less error prone, and will soon offer automated employee-specific carry calculations.

Firm now offers features ranging from legal document reviews to disbursements.

GPs that can keep control of their data while partnering with a top service provider will be best prepared for tougher economic conditions and compliance requirements, writes 4Pines Fund Services’ Michael Trinkaus.

Former SS&C executive wants to further growth for service provider.