NES Financial’s Fund Administration Solution Selected by Clairmont Capital Group for Launch of $50M Real Estate Fund

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Third-party administrator’s technology platform and online investor portal were key differentiators.

NES Financial
When considering our options for fund administration, the sophistication of NES Financial’s platform immediately stood out to us.

NES Financial announced today that it has been selected by Clairmont Capital Group (CCG) as the third-party administrator for the firm’s latest private equity real estate fund.

Clairmont Capital Group is a Los Angeles-based real estate private equity firm that specializes in General Partner (“GP”) equity co-investments in institutional-grade ventures. Clairmont’s unique model offers access to a tranche of the capital stack rarely available to investors and targets superior risk-adjusted returns as compared to typical retail or “LP” investments.

“When considering our options for fund administration, the sophistication of NES Financial’s platform immediately stood out to us,” said Clairmont CEO Christian Wenger. “The online portal that they provide to our investors is a key differentiator, offering 24/7 access to fund status, capital account financial data, document sharing and personal alerts. At the end of the day, NES Financial’s services make our job easier — improving efficiency and allowing us to focus on prudent investing.”

NES Financial’s Fund Administration Solution is changing the landscape for private equity funds by providing a uniquely scalable technology platform that features built-in compliance, data security, enhanced reporting, and greater transparency. Designed to help funds of any size successfully raise and manage capital by reducing operational risk, improving compliance capabilities, and providing superior value to fund investors, the solution is the ideal choice for funds seeking to improve marketability by leveraging operational excellence.

“Despite the relatively small size of this particular fund, CCG has all the administrative requirements of a large firm,” said Reid Thomas, Executive VP and General Manager at NES Financial. “Not many fund administrators have the capability to scale to any fund size and remain cost-efficient. It’s instances like these where our technology-enabled platform makes a big difference.”

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. Their unwavering commitment to cyber security, redundancy, transparency and compliance reporting is evidenced by 12 consecutive years of successful independent audits of their technology, processes, and financial controls. For more information, please visit nesfinancial.com.

About Clairmont Capital Group
Clairmont Capital Group is a Los Angeles-based real estate private equity firm, specializing in General Partner (“GP”) equity co-investments alongside best-in-class commercial real estate operators, developers and institutional capital partners in major U.S. markets. For more information, email info(at)clairmontcapitalgroup(dot)com or visit clairmontcapitalgroup.com.

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