Phoenix American Announces New Client, Commercial Real Estate Debt Fund Sponsor Great Oak Funding, for Fund Administration

Partnership reflects Phoenix American’s expertise in fund administration for private equity real estate funds.

LARKSPUR, CA – Phoenix American is pleased to announce its new fund administration relationship with real estate debt fund sponsor Great Oak Funding. Phoenix American will support the Great Oak Funding Finance VII offering with the company’s industry-leading investor services platform featuring the STAR-XMS shareholder management/transfer system. Great Oak Funding will benefit from Phoenix American’s institutional-grade back-office infrastructure, focus on client and investor service and experience with the operational challenges specific to private equity commercial real estate investment funds.

Financing for Commercial Real Estate

Great Oak Funding is a private equity real estate firm that, through its family of funds, provides short-term financing to mature businesses with a history of operational success, assisting them in overcoming current financial needs or challenges. Based in Dayton, OH, Great Oak Funding provides financing in all 50 states. The company is an established fund sponsor with six existing offerings. The company has successfully had two funds go full cycle to date; they are on track to go full cycle on two additional funds by the end of the year. Great Oak Funding Finance VII is a new $100 million commercial real estate debt offering to be sold through broker-dealers and registered investment advisors.

“The importance of providing a digital access solution with a sophisticated third-party fund administrator is something that was very important to us at Great Oak Funding,” said Jason Downey CEO Great Oak Funding. “After spending time reviewing Phoenix American’s platform and speaking with their team, we knew their solution was the right fit for us. We are happy to be partnered with Phoenix and look forward to many successful years together.”

Fund Administration for Real Estate Private Equity

Advanced technology and versatile operational solutions are increasingly essential to the success of alternative investment funds. Since its early years as the sponsor of publicly-registered equipment leasing funds, Phoenix American has developed and deployed the most advanced systems and sophisticated administration processes in the private investment fund industry. Phoenix American’s STAR-XMS transfer agent system, its integrated fund accounting capabilities, and its customized investor relations service suite are the result of the company’s long experience as a fund sponsor combined with over thirty years of experience as a third-party administrator for alternative investment funds.

“Great Oak Funding understands that real estate debt funds require specialized back-office support,” said Andrew Constantin, Chief Operating Officer at Phoenix American. “We are delighted that they chose Phoenix American as their operations partner. We look forward to working together.”

About Phoenix American

Phoenix American provides back-office outsourcing, fund administration, fund accounting, and investor relations to fund sponsors in the alternative investment industry. The company is an affiliate of Phoenix American Inc. along with SFS, providers of sales reporting, data analytics, and compliance solutions for asset management firms. Phoenix American, as founded in 1972, is headquartered in Larkspur, CA, and has five offices worldwide.