The branded investor platform and portal NES Financial has built for us is a powerful tool.
SAN JOSE, Calif. (PRWEB) August 28, 2018
NES Financial announced today that it has been selected by Arcis Capital Partners LLC (“ArcisCap”) as the third-party administrator for the firm’s real estate and hospitality, theater, media and entertainment and venture capital funds.
A boutique merchant banking, investment management and advisory firm active in three vertical sectors — real estate and hospitality; theater, media and entertainment; and technology-centric venture capital — ArcisCap is distinguished by the diversity of its portfolio, its strong deal-making acumen, and its deep relationships with both US and international investors.
Many of these investors — individuals, family offices and institutions — hail from Asia Pacific, the product of deep personal and professional relationships with the fund’s leadership team. While such overseas limited partners are highly coveted in today’s private equity market, the mechanics of cross-border onboarding, compliance, documentation, accounting, and investor communications can be challenging, especially for an emerging manager.
Fortunately, these are all areas where NES Financial excels, according to ArcisCap’s Chairman and Managing Partner Afzal (“Al”) M. Tarar. “As a diversified manager with aggressive growth goals and significant international fundraising, we need to focus our energies on what we do best: building and strengthening LP relationships, raising capital, finding deals and investment opportunities, making deals and investments, and managing funds. NES Financial frees us to do this by handling all the administrative aspects of the funds that we manage — including a very strong risk and compliance foundation. And thanks to their innovative, technology-centric approach, they do so efficiently.”
“We've been very pleased with NESF's services, flexibility and responsiveness to our needs,” continued Mr. Tarar. “The branded investor platform and portal NES Financial has built for us is a powerful tool. Their use of DocuSign for signing contracts has been very helpful. And their team has been attentive and resourceful. We look forward to continuing to work with NES Financial for the long haul.”
The “common culture” between both firms has not gone unnoticed by its chosen fund administrator.
“ArcisCap is a stellar company and a valued client,” said NES Financial Chairman and CEO Michael Halloran. “They are diversified, both geographically and in areas of investment, they're opportunistic and they’re nimble. And in an area where many midmarket funds struggle — Asia-focused fundraising — their ambitions have been more than matched by their relationships and results. That’s why they stand out in the market.”
Mr. Halloran added: “Like us, ArcisCap is more ‘boutique’ and distinct in their approach than the mainstream. We are delighted to partner with them — and we look forward to many years of continued strong growth together.”
About NES Financial
NES Financial provides the private equity industry with data-driven Fund Administration Services that deliver operating efficiencies, actionable intelligence and greater risk mitigation, at scale. The company’s unwavering commitment to cyber security, redundancy, transparency and compliance reporting is evidenced by 12 consecutive years of successful independent audits of its technology, processes, and financial controls. For more information, please visit nesfinancial.com.
About Arcis Capital Partners LLC
With a presence in the United States, China and Hong Kong, Arcis Capital Partners LLC is a boutique merchant banking, investment advisory, and investment management firm specializing in cross-border private equity and venture capital investments and M&A transactions across three main sectors — Real Estate & Hospitality; Theater, Media & Entertainment; and High-Tech & Innovative Ventures. ArcisCap’s leadership team comprises seasoned, globally experienced management consultants and strategists; corporate executives and business leaders; investment bankers and deal makers; entrepreneurs; and investors. For more information, visit arciscap.com.