Verto Management, a newly formed waste to value and integrated renewable energy asset management platform, has selected PEF Services to provide fund administration services through its fund accounting platform.
Verto has secured an initial mandate to manage in excess of USD190 million of waste to value and integrated renewable energy assets, and is also pursuing a pipeline of potential project investments and acquisitions to accelerate growth initially in North America, Europe and Australasia.
“PEF’s reputation for providing exceptional service to its clients, together with innovative technology solutions that will allow us to scale, were key drivers in our decision,” says Wayne Young, Managing Director and Chief Financial Officer of Verto Management. “PEF Services will help us support the management of our new platform, enabling us to focus on expanding strategic, high-value initiatives like deal sourcing, fundraising, and asset management.”
PEF Services is nationally recognised as one of the top boutique fund administrators and back-office specialists for both General Partners and Limited Partners in the alternative asset space. The Firm’s services include partnership accounting, financial reporting, capital call and distribution processing, investor capital account maintenance, audit and tax return support and coordinated fulfilment of all investor deliverables.
“We are very excited to welcome Verto Management to our family of clients,” says Hank Boggio, Chief Revenue Officer of PEF Services. “Verto has a unique approach to the renewable energy sector and we look forward to supporting its endeavours to drive growth and achieve greater efficiencies while focusing on strategic initiatives.”
