Broadstreet chooses Entrilia platform to support quality investor services, fund administration growth

CHICAGO, Feb. 13, 2025 /PRNewswire/ -- Broadstreet Impact Services, a leader in fund administration for impact investment firms and community development entities (CDEs), has selected Entrilia as its new fund administration software provider.

This strategic move comes as Broadstreet plans for continued growth in 2025. The firm administers and manages more than $2 billion in assets across 36 multi-asset funds and 92 single-asset entities. With Entrilia's platform, Broadstreet enhances its ability to deliver tailored solutions to a diverse range of clients—from community-focused investment funds to institutional-scale impact fund managers.

The Entrilia platform offers advanced fund operations capabilities, including an integrated investor portal, full accounting features, and customizable reporting. This technology enables Broadstreet to centralize and streamline fund administration while adapting to its clients' specific needs. This is a major milestone for Broadstreet, which also completed its first SOC 1 audit in 2024.

"A year ago, we began an ambitious plan to institutionalize our fund administration business and provide a level of service and technology that has not always been accessible to the impact investing community," said Managing Director of Fund Administration Chris Rakers. "We're excited to integrate Entrilia into our operations to address those gaps and meet the evolving needs of the impact investment sector."

"This technology allows us to support the full spectrum of impact fund managers—whether it's a grassroots fund driving transformational change in underserved areas or an institutional-scale manager executing global impact strategies," Rakers continued. "Entrilia's flexibility and power ensure we can provide best-in-class service to all," he said.

In addition to fund administration, Broadstreet provides a comprehensive suite of services designed to support community investment funds and their stakeholders. These include fund development, impact management and measurement, financial structuring and modeling, and stakeholder and operational advisory. Broadstreet also serves as a fund manager, overseeing private credit investments and New Markets Tax Credit capital.

By leveraging Entrilia's advanced technology alongside its deep expertise, Broadstreet strengthens its ability to drive meaningful change and foster growth within the impact investment ecosystem, delivering tailored solutions for a wide range of clients.

With primary offices in Miami and London, Entrilia builds scalable tools for private capital and alternative assets. "Broadstreet's team brings deep expertise and a true commitment to serving the impact investing community, and we're honored to support their work," said Eric Faw, CEO of Entrilia. "Fund administration in this space requires both precision and adaptability, and we designed Entrilia to empower teams like Broadstreet's to operate at their best. We're excited to be part of their journey as they continue to set the standard for high-quality service in impact fund administration."

About Broadstreet Impact Services
Broadstreet is an impact financial services company offering fund administration, advisory, and fund management services. We work with values-aligned investors and fund managers to fuel social, environmental, and economic impact across the country. Our platform supports 36 multi-asset funds, 92 single-asset entities, and $2 billion in capital under administration and management—advancing equity and opportunity alongside financial performance.

Over 20 years, we have developed a client base that values our customizable services platform, fund development experience, impact focus, collaborative partnership approach, and deep sector engagement. For more, visit www.broadstreetimpact.com.

About Entrilia
Entrilia is a leading technology provider for investment managers in the private capital markets. Its advanced fund accounting platform, built on the industry's most robust data model, delivers unparalleled efficiency and accuracy. Entrilia provides a comprehensive suite of cloud-native solutions, including cutting-edge reporting tools, an integrated data warehouse, and a sophisticated investor relations platform. Entrilia empowers fund managers across private equity, venture capital, real estate, private credit, and fund of funds to streamline operations, drive scalability, and improve decision-making through seamless data integration. With a commitment to innovation, its API-first architecture enables clients to easily integrate with third-party systems, ensuring operational excellence and future-proofed scalability. For more, visit www.entrilia.com.

SOURCE Broadstreet Impact Services