NES Financial’s Private Equity Fund Administration Selected by FrontFour Real Ventures for Nashville Real Estate Fund
Third-party specialty financial administrator will minimize FrontFour’s operational risk and maximize efficienc
NES Financial announced today that it has been selected by FrontFour Real Ventures LLC as the third-party administrator for the firm’s Nashville-based real estate private equity fund.
FrontFour’s investment strategy is to develop condominium and mixed-use real estate projects with a particular focus on areas with high walkability scores, strong demographic trends and general affordability. FrontFour expects the market environment in Nashville to be particularly favorable for the Fund’s focus on middle-market development deals.
“We were looking for a leading third-party fund administrator and were referred to NES Financial by another client of theirs,” said FrontFour co-founder David Lorber. “The sophistication of their technology and infrastructure is superior to other platforms that we evaluated.”
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.
“Unlike other administrators that all leverage the same technology vendors, we developed our solution to provide both institutional-grade fund administration and workflow specific to the unique requirements of our clients’ funds,” said Reid Thomas, Executive VP and General Manager at NES Financial. “The efficiency of our fintech platform allows us to scale our offering without losing the one-to-one client support that’s so important to customers like FrontFour.”
About NES Financial
NES Financial is a Specialty Financial Administrator which serves sectors characterized by high administrative complexity, increased transaction security needs, and challenging regulatory compliance requirements. The company’s purpose-built solutions streamline the administrative processes of these markets — simplifying specialized financial transactions, curtailing fraud and abuse and ensuring the utmost in security, transparency and regulatory compliance through each step of an investment’s life cycle.
With its Silicon Valley DNA, proprietary fintech platform and over 15 years of specialty financial administration leadership, NES Financial has defined best practices in each of the markets it serves — from 1031 exchanges and EB-5 visa funding, to private equity and the landmark Opportunity Zones program. Today, NES Financial services more than 290 funds, administers over $20B annually, and has worked with more than 700 EB-5 projects. For more information, please visit nesfinancial.com.
About FrontFour Real Ventures
FrontFour Real Ventures is a real estate development company focused on multi-family and mixed-use condominium projects.
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