The Private Capital Industry Is Evolving

By Hank Boggio, Senior Managing Director & Chief Revenue Officer of PEF Services LLC General Partners are operating in an era of increased regulatory scrutiny, more sophisticated investors, narrowing margins, and operational complexity, and many are turning to...

By Anne Anquillare, Chief Executive Officer & President, PEF Services LLCTwo world trends are converging on our industry – business intelligence (BI)/data driven decision making and the dramatic expansion of investment assets under management. In their Asset &...

By Hank Boggio, Senior Managing Director & Chief Revenue Officer of PEF Services LLC The popularity of debt funds and the range of options available are attracting a growing number of General Partners. But while the debt market is forging ahead, the administrative...

By Hank Boggio, Senior Managing Director & Chief Revenue Officer of PEF Services LLC The number of emerging managers has grown steadily over the past 20 years, and looking at their performance, it’s easy to see why. Even in a high-performing asset class, emerging...

By Hank Boggio, Senior Managing Director & Chief Revenue Officer of PEF Services LLC Core fund administration services include partnership accounting, capital call and distribution processing, financial reporting, investor capital account maintenance, audit and...

By Beth Manzi, CPA,Chief Operating Officer, PEF Services, LLC The back office needs to strengthen their systems and processes. Often, when we’re onboarding a client, they’ll hand us a financial statement that’s an Excel file with hard-coded numbers. That’s a recipe...

By Hank Boggio, Senior Managing Director & Chief Revenue Officer of PEF Services LLC The alternative asset class as a whole continues to focus on technology as a means of automating transactional activities, using data more effectively, strengthening compliance,...

By Anne Anquillare, Chief Executive Officer & President, PEF Services, LLC  Diligent, hardworking, conscientious—these are the words most often associated with the firm’s administrative core also known as “the back office.” A back office capable of...

By Hank Boggio, Chief Revenue Officer of PEF Services LLC In the past decade, the opportunities for private debt have grown significantly. When banks changed their lending criteria after the 2008 financial crisis, it created a lending vacuum that the alternative asset...