Alter Domus, the fund administration specialist, has launched its Key Shopper Partnerships (KCP) apply to assist non-public markets companies scale their middle- and back-office infrastructure.
The agency, which supplies providers for the choice funding {industry}, mentioned that the brand new KCP apply was developed in response to elevated expertise, regulatory and investor reporting necessities in non-public markets.
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Alter Domus mentioned its new providing would deal with the funding supervisor’s techhology and processes, in addition to governance and threat mitigation points of workforce and expertise transitions.
“The main focus of purchasers is funding administration – elevating cash, deploying capital, managing dangers – not fund servicing, accounting and compliance,” mentioned Alter Domus head of KCP Steve Krieger.
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“Our new apply responds to personal markets managers’ rising requirement for hands-on help on the best way to renew complete working fashions which might be not match for objective. Supported by our a long time of administration experience and industry-leading expertise, fund managers can now associate with a devoted workforce of Alter Domus consultants to ‘co-create’ world working fashions custom-made to their particular priorities.”
Alter Domus supplies tech-enabled fund administration, non-public debt, and company providers for the choice funding {industry}.
Earlier this month, it introduced that it had expanded its non-public debt providing to satisfy new demand.
The agency has added new capabilities which can enable it to help the launch and administration of open-ended non-public market funds and closed-ended non-public market funds with liquidity administration options, reminiscent of European long-term funding funds (ELTIFs).