Parliament Capital Management selects PEF Services for fund administration
PEF Services (PEF), a fund administrator for alternative investment managers, has been selected to provide fund administration services to Parliament Capital Management (PCM).
"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 José R Otero-Freiría, Managing Partner of Parliament Capital Management. "PEF Services' extensive experience in working with debt funds will help us focus on expanding strategic, high-value initiatives like deal sourcing and asset management, among other areas."
PEF Services is a private capital fund administrators supporting multiple fund types and investments including Buyout, Venture, Debt, Real Estate, Co-investment, SPVs, and Fund of Funds. PEF's services include Fund Accounting, Financial Reporting, Administration and Compliance, Capital Management, AML/KYC Investor Services, Treasury Services, Consulting and coordinated fulfillment of all investor deliverables.
"We are delighted that Parliament Capital Management chose to outsource fund administration to PEF and look forward to supporting their endeavours to achieve greater efficiencies while focusing on growth initiatives," says Hank Boggio, Senior Managing Director and Chief Revenue Officer of PEF Services.