Fund Administration

The 40-year private equity veteran told delegates at the 2020 forum about why he foresees private equity fees taking a hit.

Examiners are digging in on outsource contracts and firm oversight, even while a new rule – which the SEC says will harm competition – is pending.

Technology continues to improve the speed and accuracy of private market fund administration, but the bespoke nature of alternative assets still requires that ultimate old-school tool: human capital.

The fund administrator teamed up with a fintech company for blockchain-based valuation data, and it also bought a Canadian fund services group.

With investors asking for greater transparency, the new platform streamlines investor reporting, allocations, capital calls and portfolio accounting.

The service provider also finished its acquisition of Modal Group division in Brazil.

The service provider launched a new offering following acquisitions over the past year.

The fund administrator’s new digital offering gives PE managers real-time fundraising information and enhanced analytics.

Fund managers should be ecstatic. Fund administrators should be happy too.

The service provider has made a senior hire to capitalize on the growth of the private credit space.