Broadstreet chooses Entrilia platform to support quality investor services, fund administration growth

Whats Happening:

Broadstreet Impact Services, a leader in fund administration for impact investment firms, has chosen Entrilia as its new fund administration software provider. This strategic move aims to enhance Broadstreet's ability to deliver tailored solutions to a diverse range of clients, from community-focused investment funds to institutional-scale impact fund managers.

Key Moves:

• Broadstreet selects Entrilia as new fund administration software provider

• Entrilia's platform offers advanced fund operations capabilities

• Broadstreet completed its first SOC 1 audit in 2024

By The Numbers:

• Broadstreet administers and manages over $2 billion in assets

• The fund oversees 36 multi-asset funds and 92 single-asset entities

• Broadstreet has developed its client base over 20 years

Key Quotes:

• "A year ago, we began an ambitious plan to institutionalize our fund administration business and provide a level of service and technology that has not always been accessible to the impact investing community," said Chris Rakers, Managing Director of Fund Administration.

• "This technology allows us to support the full spectrum of impact fund managers—whether it's a grassroots fund driving transformational change in underserved areas or an institutional-scale manager executing global impact strategies," Rakers continued.

• "Broadstreet's team brings deep expertise and a true commitment to serving the impact investing community, and we're honored to support their work," said Eric Faw, CEO of Entrilia.

Bottom Line:

Broadstreet's adoption of Entrilia's platform marks a significant step in enhancing its fund administration capabilities. This move is expected to streamline operations, improve service quality, and support Broadstreet's growth in the impact investment sector, ultimately fostering greater efficiency and innovation in the industry.

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