Fund Administration

Griffin Capital Chooses NES Financial to Administer Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Griffin Capital Company, a leading alternative investment asset manager with more than two decades of investment and real estate experience. Griffin Capital’s alternative investment solutions include non-listed real estate investment trusts (REITs), actively managed interval funds, [...]

NES Financial to Administer Opportunity Zone Fund for Student Micro Housing

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Arcis Real Estate Capital LLC (“ArcisRE”), an investment management and advisory firm that sponsors and invests in operationally driven real estate asset types such as student micro housing, multifamily, senior living, and hospitality. The [...]

Why Technology is Reshaping the Private Equity Industry and how NES Financial Can Help

On September 17th, NES Financial’s Senior Vice President of Fund Administration Michael Richards will lead a roundtable discussion at the ALTSSEA conference called “Fund Administration: How Technology is Reshaping the Industry.” ALTSEEA is a one-day conference in Seattle that will feature leading practitioners from the fields of private equity, venture capital, real estate, hedge funds, [...]

Silicon Valley’s NES Financial Signs 40th Opportunity Zone Fund

NES Financial, a fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 40th Opportunity Zone client with a purpose-built Opportunity Zone Fund Administration. “NES Financial’s purpose-built solution for opportunity zone funds allows them to demonstrate the measurable good they were [...]

The Changing Landscape of Private Equity through Opportunity Zones: Why you need NES Financial on your team

There is an Opportunity Zones gold rush happening throughout the country, whether it be at the Opportunity Zone Expo in New York City, where our EVP Reid Thomas recently moderated a panel on capital stack or the many insightful OZ questions our team received at our booth during the same OZ event. Investors want in [...]

NES Financial’s Private Equity Fund Administration Selected by Resolute Capital Partners for Energy Asset Funds

NES Financial announced today that it has been selected by Resolute Capital Partners as the third-party administrator for the firm’s energy asset funds. Resolute Capital Partners specializes in bringing “beyond–Wall Street” opportunities in energy, commercial real estate, technology and other alternative sectors to market. Their latest fund, Strategic Energy Assets VIII Access Fund, LLC, provides [...]

Sixty West Funds Chooses NES Financial to Administer ‘Old Fourth Ward’ Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Sixty West Funds — a Missouri-based firm with a development pipeline exceeding $850 million in Qualified Opportunity Zone projects. The tax incentives associated with the Opportunity Zones (OZ) program are designed to encourage long-term investment into [...]

NES Financial Recognized on San Francisco Business Times’ 2019 Greater Bay Area Fintech List

NES Financial, a Silicon Valley fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced its debut on the annual Greater Bay Area fintech companies list. “Being named to the San Francisco Business Times’ Greater Bay Area FinTech list is a great honor and demonstrates NES Financial’s commitment [...]

NES Financial Extends Market Leadership with its Opportunity Zone Fund Administration Platform

NES Financial, a Silicon Valley FinTech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 30th Opportunity Zone client with its purpose-built Opportunity Zone Fund Administration Suite. “With our Silicon Valley DNA and Big-Four accounting sensibilities, we continue to develop [...]

Operational Efficiency in Private Equity: 4 Takeaways from the EY CFO Survey

Accounting firm Ernst & Young recently published their fifth annual survey of private equity CFOs. Unsurprisingly, they found that record inflows to private equity funds over the past few years have put strain on operations for all involved, no matter the fund size or geography. For funds both large and small, heightened competition and investor [...]