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Socium enhances service solutions for private credit and debt funds

Socium Fund Services, a Suntera Global company, has launched a new Loan Agency and Loan Administration service offering, further enhancing its range of fund administration solutions aimed at private credit funds.

Through this new offering, Socium says it will now deliver a full suite of loan agency services covering all asset classes, including term loans, delayed draw loans, convertibles, hard money loans, and bank debt.

According to a press statement: “The Loan Agency and Loan Administration service brings a new level of efficiency, transparency and expertise to the management of loans and related activities. Clients will receive a seamless experience as Socium leverages its deep industry knowledge and state-of-the-art technology to streamline processes, mitigate risks and ensure compliance with the most stringent regulatory standards”.

Newly appointed Head of Loan Agency and Administration, Harvey Tian, who has joined the fork from Alter Domus, will oversee the delivery of the new services to a global client base and support the growth of the firm’s loan-related services.

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