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Fund administrator Aztec Group has selected Fenergo, a cloud-enabled 'software as a service' CLM solution, to replace its legacy systems for onboarding and compliance.

Recruitment and outsourcing are both increasing as back offices struggle to cope with investor demands.

Rising expenses, and the challenge for many LPs of getting the financial data they need to justify the costs, are leading to misalignment between managers and their fund investors.

'Plan ahead' is the byword for CFOs in charge of managing subscription credit lines and bank relationships, as higher staff turnover and changes in risk appetite at lenders have accompanied an evolution into an otherwise more transparent market.

Cayman signals AML crackdown with Intertrust fine.

Managers with funds in the EU and Cayman are facing challenges, the report also says.

In a letter to LPs on Monday, Leon Black said the alternatives giant's approach to reputation risk until now had been 'conservative.'

The ground being laid in the US to welcome retail investors into alternatives is rocky. Where mid-market managers fit is an open question.

Neuberger Berman's Brien Smith talks to senior editor Isobel Markham about what he sees as the most important near-term regulatory developments in private funds

The pandemic has brought both active relief from regulators and greater unknowns and risks for compliance teams.