News: Exclusive European equity focus sees AFS play to its strengths.(Brief Article)

Ansbacher Fund Services (AFS) has launched a fund administration service focusing exclusively on the European private equity and fund of funds industry. It is one of the first such administrators based in the UK to concentrate on this sector.

Many UK and European private equity managers handle their fund administration in-house, although the regulatory pressures that these fund managers are coming under is increasing, an AFS spokesman explained.

He added that managers are also facing demands from limited partners and investors for enhanced reporting and tran