The Private Capital Industry Is Evolving

By Hank Boggio, Chief Revenue Officer of PEF Services LLC While proven processes, expertise, and fair pricing structures are key elements of a successful partnership with a fund administrator, technology is the elephant in the room. Without an ongoing investment in...

Why General Partners Are Rethinking Their Needs and Replacing Their Fund Administrators By Hank Boggio, Chief Revenue Officer of PEF Services LLC A growing number of General Partners are turning to outsourced fund administration to manage the burden on their back...

By Beth Manzi, Chief Operating Officer, PEF Services LLC In an era of increased regulatory scrutiny, sophisticated investors, and narrowing margins, General Partners are turning to their fund administrators for solutions. But while some are rising to the challenge,...

What General Partners Need to Know  By Beth Manzi, Chief Operating Officer, PEF Services LLC Private equity is having another good year, but is too much of a good thing stressing your back-office?  Are your investor demands exceeding your firm’s back-office...

by Adam Gardiner, Director of Client Services, PEF Services LLC Effective December 13, 2017, SBA is increasing fees charged for licensing and examinations and adding an inflation adjustment. The fee increases will be phased in over a period of four years with the...

By Hank Boggio, Chief Revenue Officer of PEF Services LLC While few firms outside of the hedge fund market would have considered outsourcing fund administration twenty years ago, market requirements have since undergone a dramatic change.  As the private capital...

What You Need to Know by Beth Manzi, Chief Operating Officer, PEF Services LLC On October 20, 2017, SBA sent a letter detailing their exam priorities and a new notice requirement. Click here to read the SBIC Program Examination Priorities letter to SBIC Licensees For...

By David Gerogosian, Executive Vice President, PEF Services On August 18, 2017, SBA published revised final regulations on structuring investments through the use of holding companies (passive businesses).  The U.S. Small Business Administration (SBA) is withdrawing...

Understanding Risks & Aligning Interests By Shay Caufield, Executive Vice President, PEF Services The traditional funding mechanism for illiquid alternative asset funds includes the periodic drawdown of capital from investors. This amount is based on the...