PE Tech Report


Like this article?

Sign up to our free newsletter

Mainstream Fund Services appoints CEO of Private Equity

Global fund administrator Mainstream Fund Services is expanding its organisation to handle the growing practice for closed-end funds; private equity, venture capital, and real estate – with the appointment of Jay Maher as CEO of Private Equity.

For the past two decades, Maher (pictured), who will be based in the US, has been a developed a best in breed service focusing on technology and automated workflow processes.
“Mainstream is the perfect fit for our experienced team to execute delivery of our service model to the Private Equity, Venture Capital, and Real Estate industries. Mainstream has a global reach while remaining agile and customer focused, by having local expertise in each asset class. This results in superior services to our customers, and, most importantly, to their investors.” comments Jay Maher.
Martin Smith, CEO of Mainstream, says: “We are excited to have Jay’s expertise and proven track record lead the way in our expansion into the US and Global Private Equity markets. These services have been growing for us over the past several years and we are now able to formalise the offering to compliment the services we provide to open-ended funds.” 
Mainstream has elected to build out its administration offering in the USD4.7 trillion closed-end fund market based on demand from prospective clients and the increasing trend toward outsourcing by such funds, particularly new funds.

Like this article? Sign up to our free newsletter