WEST ORANGE, N.J., Nov. 8, 2017 /PRNewswire/ -- PEF Services, a leading fund administrator for Alternative Investment Managers, today announced that Egis Capital Partners has selected PEF Services to support the increasing demands of their fund administration accounting, regulatory, and investor reporting requirements.
Egis Capital Partners is the leading private equity firm focused on middle-market buyout and late-stage growth investments in the Security and Protection industry. Egis is focused on the $550 billion global market for products and services that protect people, assets, and information. Egis targets companies in North America with Enterprise Values ranging between $30 million and $200 million that require a total equity investment between $10 million and $80 million.
With more than 75 years of collective operating and investing experience, Egis Capital Partners recognized the value in working with a third party fund administrator to supplement internal resources to support growth, increased investor demands and regulatory requirements. Egis selected PEF Services to help expand their strategic, high-value initiatives, enhance compliance and transparency, and reduce operational costs.
"I am very impressed with PEF's reputation in the market for providing superior service to clients and the technology platform upon which they support clients," commented Robert Chefitz, Managing Partner of Egis Capital Partners. "These factors together with cost benefits to support our third fund, and to meet investor demands, were key drivers for us in making this selection."
PEF Services LLC, provides high-quality, cost effective fund administration solutions to funds and general partnerships including buyout, venture, mezzanine, distressed, real estate, and fund of funds. PEF's LP Administration Solutions Group (LPAS) addresses the unique administration and data needs of limited partners investing in illiquid alternative assets.
"PEF enables clients to gain control over back office operations by providing domain expertise, access to best-in-class technologies and a full spectrum of operations support," said Hank Boggio, Chief Revenue Officer of PEF Services. "We're delighted to welcome Egis Capital Partners to our family of clients to help them achieve greater efficiencies, confidently meet regulatory requirements and scale their operations."
About PEF Services LLC
PEF Services provides high-value, high-touch Fund Administration solutions supported by senior professionals with extensive experience in alternative investments. PEF has a 15-year track record of delivering cost-effective solutions to Funds and General Partnerships, including Buyout, Venture, Real Estate, Special Purpose Vehicles, Mezzanine, Credit, SBIC, and Fund of Funds. The firm's LP Administration Solutions Group (LPAS) focuses solely on meeting the unique administration and data needs of limited partners investing in illiquid alternative assets. In partnering with PEF, firms increase operational efficiency, reduce and control operating costs, improve focus on core capabilities, and gain access to experts in private capital back office operations. For more information please visit www.pefservices.com.
Press Contact
Laura Hills
VP, Marketing
PEF Services
212.203.4685 x180
[email protected]
SOURCE PEF Services
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