Fund Administration

Co-ordinating large subscription lines for mega-funds presents a unique set of challenges, write Debevoise & Plimpton’s Thomas Smith and Felix Paterson.

The private funds industry is institutionalizing, but the methods for calculating and reporting performance are still all over the place.

The next 12 months are set to transform the valuations landscape for alternative investment funds.

Cortland says the deal will strengthen its debt and real estate offerings.

The year has been filled with news of consolidation in the industry, with Deutsche Bank sell-offs dominating the fourth quarter so far.

Brexit has created uncertainty for UK fund managers, but the EU 27 will be fine without them, say delegates at the Association of the Luxembourg Fund Industry’s conference.

Waterland has sold Intertrust Group, which provides fund administration and tax advice services, for a reported €675m.

Exit specialists Bluebox strengthens its team, pension funds now have access to an online asset manager network and fund administrator HedgeServ launches a Form PF reporting solution.

The European Private Equity and Venture Capital Association was left frustrated after the European Parliament voted for the adoption of a depository requirement for its venture capital scheme.