Augentius, a specialist service provider to private equity and real estate funds, has expanded its client revenue by more than 30 per cent in 2015. This has enabled the firm to maintain its track record of achieving at least 20 per cent growth every year.
Augentius now has USD90.5bn assets under administration, spread across 373 funds for 145 clients. It is a truly global operation, with 12 domiciles, and its funds’ investors located in 101 countries.
Ian Kelly, Augentius CEO, says: “More business has transferred to Augentius from other administrators in 2015 than ever before, and that’s a testament to the quality of service we deliver. The industry is undergoing tremendous flux, and we have constantly striven to anticipate our clients’ changing needs and create new solutions to match. Increasingly there is a recognition that fund managers are paid to manage portfolios, and that administrative solutions should be the domain of expert providers such as Augentius. Whole functions are being outsourced to us – a trend we expect to continue in 2016 and beyond.
“It is particularly pleasing to see that our success is being driven in part by the breadth and depth of our presence across the US, Europe and Asia,” adds Kelly. “Last year our Singapore office moved into expanded premises and we also opened our Asian operational centre in Manilla to support our long-term growth in the region. With six operational offices around the globe supported by two operational centres, Augentius is positioned to continue to grow and deliver the levels of service that our clients need from us.”