Innovation X appoints TMF as fund administrator
22 January 2026 UK
Image: fitpinkcat84/stock.adobe.com
TMF Group, a global provider of private market fund administration services, has announced that it has won a mandate to be the fund administrator for Innovation X Capital Partners III, a new fund of Innovation X Advisors.
The group has been appointed to provide fund administration services, including fund accounting, investor onboarding, and reporting.
With this deal, Innovation X Advisors has expanded its partnership with TMF Group, which started in 2019.
Since then, the two firms have worked together across multiple funds spanning private equity, venture capital, real estate, and tech investment mandates.
Their new fund, Innovation X Capital Partners III, is targeting US$1 billion.
Aman Bahel, global head of fund services, at TMF Group comments: “We’re delighted to see Innovation X Advisors relying once again on TMF Group to keep complex, multi?asset, cross?border funds running with precision.
“Given the success of previous collaborations, formalising our role in their new fund is a natural next step. We’re bringing a scalable operating platform, rigorous controls and a team that understands private markets end?to?end, so their investment teams can push forward while we keep the engine running.”
Roger Monteforte, CEO of Innovation X Advisors, adds: “Operational excellence is non?negotiable for us.
“TMF Group’s financial strength, exceptional service, global presence and deep market expertise make them the right partner for our growth journey. We’re delighted to continue collaborating with them, as they help empower us to focus on building great investments.”
The group has been appointed to provide fund administration services, including fund accounting, investor onboarding, and reporting.
With this deal, Innovation X Advisors has expanded its partnership with TMF Group, which started in 2019.
Since then, the two firms have worked together across multiple funds spanning private equity, venture capital, real estate, and tech investment mandates.
Their new fund, Innovation X Capital Partners III, is targeting US$1 billion.
Aman Bahel, global head of fund services, at TMF Group comments: “We’re delighted to see Innovation X Advisors relying once again on TMF Group to keep complex, multi?asset, cross?border funds running with precision.
“Given the success of previous collaborations, formalising our role in their new fund is a natural next step. We’re bringing a scalable operating platform, rigorous controls and a team that understands private markets end?to?end, so their investment teams can push forward while we keep the engine running.”
Roger Monteforte, CEO of Innovation X Advisors, adds: “Operational excellence is non?negotiable for us.
“TMF Group’s financial strength, exceptional service, global presence and deep market expertise make them the right partner for our growth journey. We’re delighted to continue collaborating with them, as they help empower us to focus on building great investments.”
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