ZEDRA wins $230m LatAm fund mandate
22 April 2020 Jersey
Image: RuthBlack/Shutterstock
ZEDRA Fund Services in Jersey has been selected by IG4 Capital to provide comprehensive fund administration and corporate governance services to its latest $231.5 million blind-pool Private Equity II Fund, which will focus on special opportunities in Latin America.
According to ZEDRA, it is optimistic about the range of new business opportunities that could arise, once the COVID-19 crisis has passed.
Additionally, they see a “particularly bright future” in fund administration mandates for start-up managers with capital backing and strong investment opportunities.
Andy Cunningham, director, head of funds and corporate in ZEDRA Jersey noted that Ryan Taylor, director of ZEDRA fund services, and his team have done a “fantastic job working with IG4 Capital and are looking forward to working with them in the future as they develop and grow their investment strategy”.
Taylor commented: “We have proven and significant experience in the small and mid-tier alternative funds administration sector, where we can bring our particular skills and experience to bear for the benefit of our clients. As well as all the traditional threshold services expected, this would include benefiting from our experience in value-added areas such as fund governance, meeting economic substance requirements and fund administration advisory skills.”
“We have a particularly strong offering where the brief requires us to be nimble and innovative alongside a proven capability in traditional fund administration. Within the wider market this year, we also see lots of synergies and opportunities in the family office market space emerging too, and we would be delighted to assist this them with any fund related matters they may have,” he added.
According to ZEDRA, it is optimistic about the range of new business opportunities that could arise, once the COVID-19 crisis has passed.
Additionally, they see a “particularly bright future” in fund administration mandates for start-up managers with capital backing and strong investment opportunities.
Andy Cunningham, director, head of funds and corporate in ZEDRA Jersey noted that Ryan Taylor, director of ZEDRA fund services, and his team have done a “fantastic job working with IG4 Capital and are looking forward to working with them in the future as they develop and grow their investment strategy”.
Taylor commented: “We have proven and significant experience in the small and mid-tier alternative funds administration sector, where we can bring our particular skills and experience to bear for the benefit of our clients. As well as all the traditional threshold services expected, this would include benefiting from our experience in value-added areas such as fund governance, meeting economic substance requirements and fund administration advisory skills.”
“We have a particularly strong offering where the brief requires us to be nimble and innovative alongside a proven capability in traditional fund administration. Within the wider market this year, we also see lots of synergies and opportunities in the family office market space emerging too, and we would be delighted to assist this them with any fund related matters they may have,” he added.
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