This fast-growing, easily executed model of outsourcing fund administration keeps data secure and handy for due diligence, reporting, and auditing. Safeguarding investors’ data is essential to meeting compliance obligations and reporting deadlines today, including proposed…
Unlock new levels of scalability and efficiency in fund administration by embracing lift-outs and co-sourcing—strategies that keep you in control while propelling your growth. The concept of “lifting out” high-performance fund administration teams has become…
In private capital, growing from $1 billion to $5.5 billion of AUM entails confronting operational challenges and thinking through strategies to scale your business. 4Pines Fund Services helped BV Investment Partners Managing Director Jonathan Holmes, who oversees his portfolio companies’ CFOs and COOs, develop successful strategies for scaling in pace with this growth.
Driven by market conditions, co-sourcing solves the problems associated with outsourcing
Private capital firms are under increasing pressure today to outsource fund administration. But outsourcing has its downsides. Specifically, when GPs outsource, third-party fund administrators collect their data, generate reports, and cover other functions within the fund administrator’s software platform. This arrangement leaves GPs vulnerable to a host of risks.
Increasingly demanding investors, the accountant shortage, and cloud-based solutions that foster transparency and collaboration have made co-sourcing into the powerful next-generation solution for the many challenges facing private capital today. As the 4Pines Fund Services Definitive Guide to Co-Sourcing explains, co-sourcing offers faster, more efficient fund administration and seamless LP experiences while also mitigating the risks associated with traditional outsourcing and in-house back-office functions.
Investors are demanding more from GPs. Regulatory scrutiny is reaching new heights. Accountants are in short supply. CFOs at firms with more than $1 billion in assets under management are demanding new tools to overcome these challenges. That’s why co-sourcing has emerged as the new, disruptive solution for private equity, venture capital, and other funds, as 4Pines Fund Services’ Definitive Guide to Co-Sourcing explains.
Written by: Mike Trinkaus GPs that can keep control of their data while partnering with a top service provider will be best prepared for tougher economic conditions and compliance requirements, writes 4Pines Fund Services’ Michael…
With a greater regulatory burden and investor expectations for speedy data requests, PE firms are collaborating with admins to co-source operations. Read the original article here.
