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 eligible investors access to modern oil and gas opportunities through the acquisition, development, drilling, and completion of well leases — a strategy that has been highly successful for them in the past.
“NES Financial’s technology-driven approach to fund administration appealed to us right away, and we think it’s a great fit for our investors as well,” said Tom Powell, CEO at Resolute Capital Partners. “Their platform’s compliance tracking, data security, and automated reporting have significantly relieved our in-house workload.”
“When bringing a fund from inception to completion, careful administration and fund accounting are crucial,” said Michael Richards, Senior Vice President of Fund Administration at NES Financial. “Our adaptable, technology-driven solution enables private equity fund managers like Resolute, allowing them to focus their efforts on the investments themselves.”
Read the full press release by clicking here.
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