Koger adds fundraising and deal flow modules to Pentas PE admin platform
Koger has added fundraising and deal flow modules to its Pentas platform for private equity firms. Pentas streamlines and automates the administration of PE funds and works with all fund structures, including pure private equity funds, master feeder and fund of funds.
“With these modules, we provide private equity firms with a comprehensive platform that automates both the back and front office. The fundraising and deal flow modules are optional add-ons to our Pentas software that we can easily turn on as clients want them,” says Ras Sipko, Koger Chief Operating Officer.
Pentas provides PE fund managers with increased control and accuracy in tracking commitments, processing capital calls and calculating distributions. It automates the calculation of the distribution process, from return of capital and preferred return, to the distribution waterfall and carried interest split.
Pentas is part of the product suite for the company’s flagship NTAS platform for fund administration and compliance. NTAS, which supports more than 8,000 funds with USD2 trillion in assets, is a share registry system that manages fund tracking, reporting and fee calculation. It handles daily transfer agency recordkeeping, investor registration, cash management, trade processing, compliance, reporting and fee processing.
“The Pentas modules are part of our continuing innovation to provide asset managers with complete functionality that can scale as they need it. Our software makes complex processes easy to manage,” Sipko says.