Encouraging Fund Administration Trends In Europe

With global Private Equity (PE) groups continuing to outsource a number of standard accounting and administrative tasks for funds and SPVs, TMF Group sees a huge opportunity going forward.

As Bruno Bagnouls, Managing Director for TMF Luxembourg and Global Head of Alternative Investments, explains: "In Europe, Private Equity and Real Estate (PERE) clients are looking to simplify the outsourcing model, which relates both to the contractual agreements they have with service providers but also limiting the actual number of service providers they partner with. Part of the reason for this is there's a clear trend, even among mid-sized managers, to have standardised but also more specific reportings.