Foreside Bolsters Private Fund Practice for Hedge Funds, Private Equity Firms and Digital Asset Managers
Foreside Financial Group, LLC (Foreside), a provider of governance, risk management, and compliance (GRC) solutions and technology offerings to clients in the global asset and wealth management industry, today announced it has bolstered its private funds practice. This includes an expansion of dedicated personnel, enhancements to its technology platform, as well as the launch of a sub-practice dedicated to fund managers with investment strategies focused on cryptocurrencies, digital assets, venture capital studio funds, health care royalties, syndicated venture, and other alternative, non-conventional assets.
Foreside is responding to the market's rising demand for experienced consultants enabled by technology whose focus is on the increasingly striated alts market. Foreside's dedicated private funds team is composed of former securities attorneys, regulators, CCOs, and more, bringing a wealth of knowledge and industry expertise to the practice.
"Private fund advisors, including hedge funds and alternative investment managers, face continued regulatory scrutiny related to compliance and risk management," said Mark Alcaide, senior managing director at Foreside. "Firms rely on Foreside not only to meet current requirements, but also to anticipate emerging regulatory and marketplace developments. Foreside provides private fund advisors with compliance, operational support and strategic advice to thrive in today's complex regulatory environment."
Foreside's solutions aim to enhance relationships with clients through state-of-the-art technologies designed to integrate back-office systems, improve compliance functions, and ultimately streamline the operational process.
About Foreside Financial Group
Foreside delivers comprehensive advice and best-in-class technology solutions to clients in the global asset and wealth management industries. Foreside distributes more than $1 trillion* of product through their 17 limited purpose broker-dealers. For 15 years, Foreside's suite of services and platform-based model have helped automate and simplify compliance and marketing for clients. Foreside works with pooled investment products, investment advisors, broker-dealers, global asset managers, and other financial institutions.
By harnessing state-of-the-art technology, Foreside helps firms address and shape today's regulatory environment, drive operational efficiency and growth, and focus on value-adding work. Foreside is headquartered in Portland, Maine, with numerous regional offices, including New York and Boston. For more information on Foreside's suite of services, please visit www.foreside.com.
*as of 8/31/2021
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