Alter Domus Teams Up with Partners Group
Alter Domus, a leading provider of tech-enabled fund administration and asset services, has formed a notable outsourcing partnership with Partners Group, a top player in global private markets. This collaboration is designed to streamline various operational functions for Partners Group’s closed-end offerings, which encompass a wide range of investment structures across different regions.
Providing Robust Support
Under this partnership, Alter Domus will deliver extensive administrative support for over 1,000 entities that fall under the Partners Group umbrella. This support spans a wide array of services, including fund administration, client due diligence, corporate secretary functions, and depositary services. By doing this, they ensure a comprehensive approach to achieving operational efficiency.
Custom Solutions for Distinct Needs
Partners Group chose Alter Domus for their outstanding service delivery and cutting-edge technology. Their partnership stands out for its collaborative approach, where both entities work together to create customized operating models that reflect the specific needs of investment managers. This adaptability is key to their cooperation, allowing each organization to effectively align their objectives.
Dedication to Innovation
This partnership highlights Alter Domus’s ongoing commitment to innovation and integration within its operations. The agreement also includes a joint investment in a personalized technology roadmap, aimed at improving service quality throughout their partnership. With established governance structures, both companies are focused on prioritizing this collaboration and ensuring its success.
Leadership Insights
Doug Hart, the Chief Executive Officer of Alter Domus, shared his excitement about the partnership, stating, “We are thrilled to partner with Partners Group as a global outsourcing provider. With Alter Domus's leading capabilities in private market services and technology, we aim to enable Partners Group to concentrate on their core investment management strengths.”
Andreas Knecht, the Chief Operations Officer at Partners Group, emphasized the high standards maintained during the selection process, noting, “Alter Domus impressed us with their remarkable ability to adapt their services to meet our unique client requirements.”
About Alter Domus
Alter Domus specializes in offering tech-enabled fund administration and corporate services designed specifically for the alternative investment sector. With over 5,100 employees and a presence across 39 offices globally, the firm is wholly dedicated to serving the alternative investment community. The range of services they provide includes fund administration, capital administration, corporate services, depositary services, management company services, and more.
Frequently Asked Questions
What is the nature of the partnership between Alter Domus and Partners Group?
The partnership is centered on outsourcing and improving various operational functions for Partners Group’s closed-end investment offerings.
How many product entities will Alter Domus support under Partners Group?
Alter Domus will extend administrative support to over 1,000 product entities associated with Partners Group.
What services does Alter Domus provide?
Alter Domus provides an extensive range of services, such as fund administration, corporate services, depositary services, and capital administration, among others.
Why was Alter Domus selected as a partner?
Alter Domus was chosen for its exceptional service delivery, technological capabilities, global reach, and its capacity to customize services to address Partners Group's specific needs.
What are the objectives of the partnership?
The partnership aims to boost operational efficiency, foster innovation, and ensure a high standard of service throughout Partners Group's operations.
