Fast-growing private equity fund administration solution provider grows New York City presence
San Jose, CA (PRWEB) June 17, 2016
With the rapid growth in NES Financial’s private equity fund administration business, the company recently expanded its New York City operations with the hire of Justin Flanagan as Managing Director.
With over 20 years of experience in the financial sector, Flanagan joins NES Financial from Markit, where he was recently head of Midwest sales and account management for five years. Prior to that, he held multiple roles at Thomson Reuters and began his career in fixed income trading before moving into software sales at Marvin Software.
NES Financial provides an independent, comprehensive, and compliant institutional-quality fund administration solution for managers of private equity funds, enabling them to stay focused on raising and retaining capital while minimizing resource constraints and maximizing oversight for investors and regulators.
The company’s comprehensive fund administration solution is designed to meet the needs of private equity investors and fund managers. Private equity, real estate, and venture capital funds are just some of the few clients who can benefit from greater compliance, enhanced marketability, and improved operational performance, thanks to the NES Financial solution.
“We view the hiring of Justin Flanagan as a sign of NES Financial’s commitment to being the leading company in our industry. The introduction of our new, innovative solutions and the increasing demand from our customers led us to look for someone who would share our commitment to providing exceptional service,” said Christian Lyndes, NES Financial Senior Vice President of Sales. “His experience will play a key role in providing and implementing high quality solutions for our clients and helping increase NES Financial’s strong presence in New York City.”
About NES Financial
NES Financial is a Silicon Valley financial technology (FinTech) company providing technology-enabled solutions and services for the efficient back and middle office administration of complex financial transactions. Serving private equity, commercial real estate, and Fortune 1000 clientele, we offer industry-leading fund administration, loan servicing, specialized EB-5 administration, and 1031 tax deferred exchange services. Our unwavering commitment to data security, operational redundancy, and compliance reporting is evidenced by 11 consecutive years of successful independent audits of our technology, processes, and financial controls. Today, NES Financial services over 190 funds, administers over $75B of 1031 assets annually, and has worked with over 450 EB-5 projects. For more information, visit nesfinancial.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/2016/06/prweb13493801.htm