PEF Services, a leading fund administrator for alternative investment managers, today announced the signing of a new client.
Private equity firm Blue Point Capital Partners has selected PEF Services to provide fund administration for its four institutional funds.
With the recent announcement the closing of its fourth buyout fund, Blue Point has now raised nearly USD2.0 billion in capital and will continue to focus on partnering with entrepreneurs and management teams to grow leading middle market companies.
“Until now, we have managed our back office functions with internal resources. Supplementing our internal resources will help support our growth and trend toward greater transparency,” says Colleen Greenrod, Chief Financial Officer of Blue Point Capital Partners. “Blue Point selected PEF Services for its long-standing and experienced client services team, leading technology platform and ability to help us scale operations as we kick off our fourth fund.”
“PEF supports our clients with a complete range of services and best-in-class technologies,” says Hank Boggio, Chief Revenue Officer of PEF Services. “We’re delighted to welcome Blue Point to our family of clients and look forward to helping them achieve greater efficiencies while providing superior service to their investors.”
