PRIVATE EQUITY WIRE | Asset complexity and regulatory challenges
Regulatory pressures and more complex investment strategies are driving a greater number of PE funds to outsource their administration operations. Centaur is well positioned to meet these growing demands having built the global reach to fulfil the needs for cross-domicile services.
Des Johnson, CEO of Centaur USA comments: “In the last twelve
months alone, Centaur has hired senior managers in Private Equity out of New Jersey, Bermuda and throughout Europe. The company has also invested heavily in PE specific technology which has been developed specifically to support Centaur Private Equity clients.
“The move towards outsourcing by PE funds is reflected in Centaur’s success in the sector. Since launching our Private Equity Service in 2016, we have experienced phenomenal growth. The sector is set to be a major driver of business growth for the firm in 2020 and beyond.” According to Johnson, the future of PE fund administration is a combination of experienced people along with best in class technology. The firm is wholly committed to developing industry best practice and ensuring its clients receive the best client service that the industry has to offer.
See full article here: PEW US Best Practice 19