Realized, Acquired by Alter Domus in 2020
Salt Lake City, UT
Strata Fund Solutions
Leading fund service administrator for venture capital, private equity and other alternative asset managers and allocators offering includes traditional fund administration, shadow fund administration and data maintenance services.
Demand for fund administration solutions has accelerated given the rapid growth in new funds and assets under management in alternative asset classes, as well as increased efforts by firms to improve their institutional processes and reporting.
“We were drawn to FTV initially because of their deep domain knowledge in the alternative asset tech and tech-enabled services industry. As we looked to grow our business to the next level, we found that FTV brought more than just capital and industry expertise. The team has brought operational know-how and connections that have been invaluable in supporting our growth plans. We were able to leverage their sales and marketing team to help put foundational building blocks in place, as we worked to institutionalize and elevate our efforts in this area. Another advantage FTV brings to the relationship is the sharp focus on potential M&A opportunities. FTV’s executive network is deep, and they helped us land a seasoned CFO. Best practices and lessons learned from over two decades of successfully partnering with founder-led businesses continue to be shared with the Strata team to help us achieve our ambitious goals.”