New York, April 19, 2021 – GP Fund Solutions (“GPFS”) is proud to announce the successful completion of its System and Organization Controls (SOC 1), Type II Compliance Report issued by an independent international auditing firm. The overall scope of the 2020 SOC 1, Type II Report covers GPFS’s operations that provide fund administration and related investor relations services to our clients. The unqualified report evaluated the design and operating effectiveness of these internal controls.
“The successful completion of our 8th consecutive SOC 1, Type II report reaffirms GPFS’s commitment to internal controls and outstanding client service across our organization. Our processes and controls are what enables us to leverage our offering to provide best in class services while assisting fund managers in servicing their investors and simultaneously reducing their overall cost structure,” said Glen Shields, GP Fund Solutions’ CEO and Founder.
About GP Fund Solutions
GP Fund Solutions is an independent private fund administrator with offices in Albany, NY, Fort Lauderdale, FL and Boston, MA. GPFS provides services to investment managers of buyout, venture capital, real assets, credit, fund of funds, feeder funds, and special purpose vehicles.