Solutions
Interest in Ireland among private debt and private equity fund managers remains strong, especially with the highly anticipated amended Irish Investment Limited Partnership (ILP), scheduled to be formally approved later this year.
This is good news for Ireland’s asset servicers. U.S. Bancorp Fund Services, has continued to grow its market share in not only the familiar long/short equity, credit and managed futures segments but also private equity and private debt funds and reinsurance funds.
“Over the last 18 months our assets under administration have grown from USD117 billion to USD187 billion. A considerable portion of that growth has been in
A majority of alternative fund administration firms – 74 per cent – expect consolidation in the alts fund admin space, according to the just-released eVestment Alternative Fund Administration 2018 survey.
This is up dramatically from the 47 per cent of survey respondents who expected consolidation in 2017’s survey.
And despite technology and new players disrupting numerous industries around the world, only 11 per cent of survey respondents expect to see new entrants into the fund administration business over the near term, down from 26 per cent of respondents in the prior year’s results.
Alternative asset managers are increasingly
A renewable energy infrastructure fund managed by Impax Asset Management (AIFM), has completed the sale of the 36MW Dromadda More wind farm in County Kerry, Ireland to Greencoat Renewables PLC for an undisclosed amount.
The fund acquired the project to develop 11 turbines on the site in 2015 from a local developer. The project was constructed using 3.3MW Vestas V112 turbines, some of the largest to be installed in the country to date.
Funding for construction comprised Fund equity and third party non-recourse project finance. A sale agreement was signed following a competitive auction process late last year. The
KOGER, a financial services technology company, has updated its private equity administration platform to manage the entire investor process, including automation of the distribution waterfall.
“We have found that many asset managers are still using spreadsheets for complex functions such as calculation of the waterfall. Investors are looking for transparency and accuracy is critical for fund managers. Our technology streamlines these processes and provides private equity CFOs with greater operational efficiency,” says Ras Sipko, KOGER chief operating officer.
KOGER’s platform handles comprehensive PE processes, from customer relationship management to investor allocations and automation of the waterfall, as well as
By George Ralph, RFA – It feels like the alternative investment sector is experiencing a bit of a hiatus right now; we’ve just dealt with MiFID II and are waiting to see how that beds in and GDPR is just weeks away from taking effect.
Most of our clients are still trying to understand the implications of the latter but have made the infrastructure changes needed and are focused on getting their policies and processes in order. With spring trying desperately to battle through the rain clouds, it feels like a good time to go back to basics, take stock and have
As part of its new development strategy, Guernsey Finance has published a funds distribution strategy statement entitled ‘connecting to the parts of the world managers want to reach’.
The strategy statement sets out the aim by which Guernsey intends to become the global jurisdictional platform supporting managers to reach global markets, and outlines the route by which Guernsey Finance intends to ensure that managers and investors best appreciate Guernsey’s current “four corners of the globe” distribution capability.
Dr Andy Sloan, Acting Director of Strategy at the promotional agency, says: “Guernsey’s proven, smarter, faster route to market supports managers connect
Every fund manager knows that the risks of cyber attacks impacting the way they do business are exponentially rising. For some managers, knowing the proper approach to cybersecurity, within the limits of available resources and budget, can feel disorientating.
To overcome this, firms are best advised to think about taking a layered approach to building a robust cybersecurity posture. Eze Castle Integration refers to three tiers, with Tier 0 representing the most basic must-have protections. The next level up, Tier 1, is a standard framework that builds on the basics of Tier 0 and incorporates additional enhanced features and employee
By George Ralph, RFA – A global cybersecurity company recently commissioned the Ponemon Institute to conduct a survey to inform a study on cybersecurity global megatrends in 2018. The results, while not surprising, are incredibly interesting and echo the messages that RFA has been giving to my clients for the past three years.
The report outlines the issues that respondents believe will become megatrends in the coming year and start with the belief that unsecured IoT devices are very likely to be the cause of a data breach. The rate at which new technology is entering into the mainstream, and
Pacific Global Asset Management has selected Virtus Partners (Virtus), a global provider of alternative investment operations outsourcing and administration services, to provide full middle office and fund administration services to their newly launched CLO investment fund, managed by Pacific Asset Management.
Virtus Fund Services offers a custom suite of middle office and fund administration services exclusively for credit managers and has offices in New York, London, Houston, Austin, Dublin and Luxembourg with over USD140 billion in assets under administration.
“Pacific Global Asset Management is committed to leveraging state of the art technology to enhance our controls and efficiencies,” says
Alven, an independent venture investment firm based in France, has selected Ipreo’s iLEVEL platform for the monitoring and management of its fast-growing portfolio.
iLEVEL has become widely-accepted as the platform of choice for private market investors globally, enhancing portfolio data integrity, streamlining operations, and elevating performance across the entire investment lifecycle. Several hundred GPs and LPs worldwide, across all private asset classes, now rely on iLEVEL for data collection, portfolio monitoring, reporting and analytics, investor reporting, valuation and audit, and fundraising.
“With a proven track record of investments, we’re growing quickly, and we want to make sure that we
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
