Framework, a private equity investment data firm, has appointed Jesper Steiness, as Director of Global Business Development.
Launched in 2000, Framework provides enterprise investment data management solutions for the global private equity sector. Framework is experiencing a period of growth and change, as is private equity. The industry is seeing: larger allocations from Institutional Investors; larger funds; bigger deals and volumes of business. Added to this, the regulatory environment is encouraging higher allocations and more and more investors are expecting full visibility of their investment managers’ processes.
Harnessing its 17 years expertise and experience in the sector, Framework’s solution has been re-designed to meet the evolving data management needs of the private equity world. Framework brings private equity investment data from multiple, sometimes disparate sources into a single point – a central, operational data hub. That single source supports the needs of all the stakeholders in that data – within one enterprise, and across the wider investment community; including investors, administrators and management companies.
Steiness will apply over 20 years of experience in the global financial industry; he has an extensive background in information technology, asset management and fund administration. He comes to Framework from a senior position at SS&C Advent. Steiness started his career gaining a full appreciation of how funds work operationally and since has predominantly focused on business development and client relationship management.
Bertil Rouveure, Owner of Framework, says: “Jesper brings with him the exact expertise and industry relationships Framework needs to accelerate growth and innovation. His experience of driving new business initiatives, industry relationships and developing strategic partnerships will complement Framework’s vision and help current and future clients realise new opportunities.”
Paul Whapham, Managing Director of Framework, says: “The PE industry is developing and some firms are finding it difficult to keep up with their clients’ increasingly complex data management needs. Jesper’s extensive experience in operations, business development and strategy will help the transformation of data management we want to achieve.”
Jesper Steiness adds: “Twenty five years in different positions in financial services companies has taught me the value of customer relationships. I am looking forward to helping the Framework team deliver for clients and prospects. I am particularly excited about the data management innovation that Framework is driving that delivers incredible value to enterprise systems, flexibility and growth for customers.”
