SL Private Equity Fund Administration selects SunGard Investran

Source: SunGard

Third-party-administrator SL Private Equity Fund Administration Services (SLPE) has selected SunGard's Investran to help offer a higher level of administration and reporting, including timely and detailed information covering all investments, performance and risk exposure, for its global network of clients.

SunGard's Investran is an award winning solution for private equity and alternative investment firms that helps automate front-, middle- and back-office processes and supports the entire investment lifecycle. SLPE is one of the first third party administrators head-quartered in Europe to offer PE fund administration services leveraging the latest version of Investran.

SunGard's Investran will help SLPE analyze, manage and disseminate large amounts of qualitative and quantitative data. As an integrated front-to-back solution suite, Investran will facilitate internal collaboration, support investor relations and automate accounting, thereby helping improve overall operational efficiency and accountability. SLPE's full range of clients will be fully supported by Investran, including GPs such as venture capital funds, real estate and private equity real estate, and LPs such as funds of funds, funds of private equity funds, pension and endowment funds, family offices, and institutional investors. SLPE will access Investran through SunGard's hosted Software-as-a-Service (SaaS) delivery model.

"Providing the best quality of services to our own clients is a principle we value above all others. Combined with our expert fund administration teams, we rely on the use of state-of-the-art technology and we chose Investran for its depth and quality of reporting, operational efficiency, reliability as well as its track record of success," said Negin Bemanzadeh, managing director at SLPE. "In addition, utilizing SunGard's SaaS delivery model will help us better focus on the business of servicing the complete and complex needs of our clients around the globe."

Lauren Iaslovits, chief operating officer for SunGard's Investran business unit said, "SLPE joins a growing number of third-party-administrators looking to improve their fund administration and reporting practices and we look forward to supporting its evolving business by helping improve firm-wide efficiencies, reduce operational risks and streamline operations."

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