Link Asset Services has selected AltaReturn as technology partner for fund accounting and reporting services.
According to Link Asset Services, the partnership will enable both Link Asset Services and its clients to deliver consistent, sustainable and controlled growth while managing risk and minimising the potential for human error.
AltaReturn provides back to front office solutions for private equity, venture and real estate fund managers.
The firm’s offerings include fund accounting, customer relationship management, investor portal, portfolio monitoring and business intelligence solutions.
The technology will be rolled out across Link Asset Services, however, the Jersey office will be the first of the Link international network to utilise AltaReturn.
Norma O’Sullivan, Link Asset Services managing director for Jersey, said: “Our partnership with AltaReturn demonstrates our commitment to deliver enhanced client value through ongoing investment in technology to service alternative assets.”
She added: With AltaReturn, we can help general partners significantly improve the level of reporting and transparency—key requirements of existing and potential investors.”
Rey Acosta, managing partner of Alta Return, commented: “I am delighted to welcome Link Asset Services as our first multi-jurisdictional client in Europe. AltaReturn is committed to partnering with Link as they expand their private equity proposition.”
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