Suntera Fund Services, Formerly Socium Fund Services

🏆 Thrilled to Announce! 🏆 We are incredibly proud to have been Highly Commended in the Fund Administrator of the Year category at last night's Alternative Credit Investor Awards! This recognition is a testament to the dedication and expertise of our team.   Our commitment is simple: to provide middle-market private credit managers with tailored, best-in-class fund administration solutions. With our advanced tech stack and deep industry expertise, we partner with clients so they can focus on scaling their businesses, confident that their middle and back-office needs are expertly managed.    To our team – thank you for your unwavering commitment to excellence! It’s your hard work and attention to detail that makes us a trusted leader in private credit fund administration. #awards #privatecredit #fundadministration #privatefunds Suntera Global

A resurgence of LBO loan supply from multiyear lows has altered the funding landscape for sponsor-backed deals. It is clear that there is a need to structure deals with better leverage and ratings profiles as higher base rates squeeze interest coverage capacity. A recent article in PitchBook discusses the rise of LBOs and expectations that M&A and LBO activity will accelerate as risk tolerance improves. Read the article here: https://lnkd.in/gSUV-MVK #LBO #fundadministration #privatefunds

We had an incredible time celebrating our rebrand with friends, colleagues, and partners at Annie Moore's earlier this week! The evening was filled with great conversations, laughter, and excitement as we look forward to the future together. A huge thank you to everyone who joined us and shared in the festivities. We’re proud to be part of such a supportive, driven community, working together to reach new heights. Here’s to the success we’ll achieve together! #financialservices #fundadministration #rebrand Suntera Global

The $1.7 trillion private credit industry has seen explosive growth. But there are also differences when compared to private equity. Suntera Fund Services Co-Managing Director of the Americas, Michael Von Bevern, CPA, CAIA spoke to Bill M. at Regulatory Compliance Watch on the idiosyncrasies of private credit. "For us as an administrator when speaking with a prospective client, I really have to dig in," says Michael. Read Michael’s full comments in the article here: https://lnkd.in/gSe-6dFd Learn more about Suntera Fund Services private credit fund administration services by visiting this link: https://lnkd.in/gHEb4Z-8 #PrivateCredit #FundAdministration #PrivateFunds

Nearly two years after Suntera Global’s acquisition of Socium Fund Services, we’ve officially rebranded to align with our global brand. This is a significant milestone, and we remain committed to providing the same seamless, localized fund servicing solutions, now as part of a larger, global team. In our Q3 Newsletter, we’re excited to share: 🔹 Updates from Korie Drummond, Director of Fund Services – Cayman Islands 🔹 A guest article from Trillium Regulatory Services on FinCEN’s Final Rule and its impact on investment advisers 🔹 What we’ve been up to: events, thought leadership, and more… Read our latest newsletter here: https://lnkd.in/e5WqDugZ Lastly, we’d love to invite you to celebrate our rebrand and reconnect over cocktails on October 29th at Annie Moore’s in New York. Please click here for further details and to RSVP: https://lnkd.in/gi9GkJvG #Rebrand #FundServices #PrivateFunds #CaymanIslands #SunteraFundServices #Newsletter #FinCEN #NetworkingEvent

Join us at Annie Moore’s on October 29th for cocktails as we celebrate our rebrand with colleagues and friends. For further details and to RSVP, please click here: https://lnkd.in/gi9GkJvG #fundadministration #networking #privatefunds

On July 31, 2024, major changes to the Cayman Islands beneficial ownership reporting regime (BORR) came into effect. These are the most significant changes made since 2017, when the BORR was enacted to comply with international standards to combat money laundering, tax evasion, and terrorist financing. The Ministry of Finance Services and Commerce confirmed the enforcement of the new requirements will go into effect on January 1, 2025. Learn more about what is changing in our latest article:  https://lnkd.in/dejU6mjZ #caymanislandsregulatoryupdate #fundadministration #benefecialowner #bota

We are proud to offer client-focused fund administration solutions to global investment managers from strategically located offices across the globe. Learn more about Suntera Fund Services solutions for private funds here: https://lnkd.in/gFfgPDaE #fundadministration #empoweringresponsibleambition #privateequity #privatecredit #venturecapital #realestatefunds

The Institutional Limited Partners Association (ILPA) has updated its reporting with new proposed quarterly reporting templates in an effort to give fund administrators a chance to make themselves more marketable and efficient, writes Tom Auchterlonie at Private Funds CFO. Co-Managing Director of the Americas, Michael Von Bevern, CPA, CAIA, spoke with Tom about how the implementation of the new templates could present challenges and stressed the importance of automation in dealing with this burden. Read Micheal’s full comments in the article here: https://lnkd.in/eHbBFwCx Learn more about Suntera Fund Services reporting services by visiting this link: https://lnkd.in/gFfgPDaE #ILPA #Reporting #GPs #FundAdministration #Automation

There has been a lot of discussion about rated note feeder funds lately, with good reason. Our Funds expert, Michael Von Bevern, CPA, CAIA, discusses the nuances and benefits of this fund structure and explains why experience and technology are critical to accurate recordkeeping. Read the article below and reach out to Matthew Reynolds to learn more about Suntera Fund Services' capabilities. https://lnkd.in/e4UR4GBy #ratednotefeederfunds #privatedebt #fundadministration #privatefunds