Thu, Nov 13, 2025
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Mainstream Fund Services expands private equity offering

Thursday, March 01, 2018
Opalesque Industry Update - Global fund administrator Mainstream Fund Services, part of Mainstream Group Holdings, is expanding their organization to handle the firm's growing practice for closed-end funds (Private Equity, Venture Capital, and Real Estate).

Jay Maher joins as CEO of Private Equity and will be based in the United States. For the past two decades Jay has been an industry leader who has developed a best in breed service offering focusing on technology and automated workflow processes.

"Mainstream is the perfect fit for our experienced team to execute delivery of our service model to the Private Equity, Venture Capital, and Real Estate industries. Mainstream has a global reach and is institutionalized, while remaining agile and customer focused by having local expertise in each asset class. This results in superior services to our customers, and most importantly to their investors." comments Jay Maher.

Martin Smith, CEO of Mainstream adds "We are excited to have Jay's expertise and proven track record lead the way in our expansion into the U.S. and Global Private Equity markets. These services have been growing for us the past several years and we are now able to formalize the offering to compliment the services we provide to open-ended funds."

Mainstream has elected to build out its administration offering in the U.S. $4.7 trillion closed-end fund market based on demand from prospective clients and the increasing trend toward outsourcing by such funds, particularly new funds.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Global fintech investment slumps to seven-year low of $95.6bn[more]

    Laxman Pai, Opalesque Asia: Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions, revealed a study. According to the Pulse of Fintech H2'

  2. Opalesque Exclusive: Private capital deal value climbed 19% in 2024[more]

    Bailey McCann, Opalesque New York: Private capital deal value climbed 19% in 2024, according to the latest data from the Global Private Capital Association. Growth was driven by big-ticket investments across Southeast Asia, Latin America and Central & Eastern Europe (CEE). Investor confidence

  3. Opalesque Roundup: Citco: 77% of hedge funds achieved positive returns in January 2025: hedge fund news[more]

    In the week ending February 21st, 2025, a report revealed that hedge funds enjoyed one of their best opening months this decade in January, as Equity and Multi-Strategy funds posted strong returns. Funds administered by the Citco group of companies (Citco) delivered a weighted average return of 4%,

  4. Opalesque exclusive: Permuto's new equity unbundling product to change investment model[more]

    Opalesque Geneva for New Managers: Here is a different way of owning stocks coming to you soon: the option of holding just the dividend portion of a stock, independent of its price movements. Or capturing the stock&

  5. Opalesque Exclusive: Hedge funds outperform mutual funds in managing extreme risk contagion - key insights for investors[more]

    Matthias Knab, Opalesque for New Managers: Hedge funds and mutual funds are among the most prominent vehicles for investors seeking growth and diversification. However, a critical question persists: which fund ty