Standish Management fund administrator added 292 funds in 2023.
The administrator currently manages 2,162 funds across 300+ firms.
Some of the firms whose funds the administrator added in 2023 include:
Sequoia Capital Operations (Sequoia Capital Fund)
Stone Point Capital LLC (Trident VIII,LP)
THL Managers VII, LLC (Thomas H. Lee Parallel Fund IX,LP)
Accel KKR (Accel KKR Capital Partners CV IV,LP)
Some of Standish Management's largest clients by AUM in 2023 are:
General Catalyst
More about Standish Management
Established in 2007, Standish Management is a fund administrator firm headquartered in San Francisco, California. The firm provides fund administration services for managers and general partners of various funds which include private equity funds, buy-outs, venture capital, real estate, and fund-of-funds, and provides consulting services to help accelerate the launch of its funds in addition to full fund administration services. The firm caters to software, information technology, retail, healthcare, gaming, fintech, telecommunications, and insurance sectors.
In Other News
(July 2023), Buyout firm Thomas H Lee Partners (THL) has agreed a deal to acquire a majority stake in US-based fund administrator Standish Management that values the business at around $1.6bn, including debt, according to a report by Reuters.