Forum Partners, a global real estate investment and asset management firm, has partnered with Phoenix American Financial Services, a provider of back-office outsourcing, fund administration services, and sales and marketing reporting to companies in the alternative industry.
Phoenix will support Forum with its full fund administration services suite including fund accounting as well as its investor services platform.
In turn, Forum will benefit from Phoenix America’s combination of advanced technology, focus on customer services and experience in operational requirements of specialised alternative investment funds.
Based in Connecticut, Forum invests in and alongside specialised middle-market real estate companies with a ‘demonstrated ability to add value’.
According to Phoenix, as the sophistication of alternative real estate funds increases along with regulatory requirements, more funds turn to Phoenix’s suite of advanced operational solutions.
Russell Platt, CEO of Forum Partners, commented: “We look forward to working with
Phoenix American Financial Services as we launch Forum Global Investments. We have worked with Phoenix previously and received superior customer service for our investors.”
Andrew Constantin, senior vice president, operations for Phoenix American, added: “Forum Partners is a world-class fund sponsor with an impressive ability to unlock asset value for investors. It has been our pleasure to work with Forum in the past and we look forward to supporting this next phase in the firm’s history of investment success.”
