Seneschal, a new-era fund administrator, selects LemonEdge as its core fund accounting technology.
24 October 2024 – Seneschal, the specialist private equity and real estate / real assets fund administrator, has selected LemonEdge, the leading fund accounting solution for private markets funds, to build its back-office accounting operations to deliver the best services to its fund manager clients at scale.
Founded in 2021 by Barry Carroll, a pioneer in modern PE fund administration services, Seneschal provides fund administration and depository services to private equity and real estate / real asset funds. The firm is built on the philosophy that “everything is important” when delivering services to clients. Seneschal already offers services across London, Luxembourg and Jersey.
A unique guarantee in the industry for error-free reporting required a modern accounting system where all the usual client complexities could be handled in one technology solution. With a founding team with deep knowledge of the legacy systems, Seneschal chose LemonEdge to become its core technology partner of choice.
Gareth Hewitt, Chief Executive Officer, LemonEdge, said: “The Seneschal team are true experts in their fields, and we were really impressed with how they have set up their operations to deliver the highest quality of services to their clients. We are excited to help them scale their unique client service offering to many more new clients.”
Barry Carroll, Founder & Chief Executive Officer, Seneschal, said: “From inception, we have put technology at the core of our operations to consistently deliver our clients accurate, fast, and secure services. Having known Gareth for many years, and the confidence I have seen in the systems developed over 20 years, post a good evaluation of the latest solution, LemonEdge – it was an easy choice to make.”
About Seneschal
Founded in 2021 by industry veteran Barry Carroll, Seneschal is a specialist private equity and real estate fund administrator. The firm has offices in London, Luxembourg, Jersey and a representative office in Tokyo. www.theseneschal.com
About LemonEdge
LemonEdge is a leading fund, partnership, and portfolio accounting solution for private markets investment firms. Founded in 2020, the company services a variety of asset classes globally with over $1.7 trillion in assets under client management. LemonEdge is headquartered in London with the team in New York, Miami, Austin, Amsterdam, and Delhi. The firm is backed by Blackstone Innovation Investments, Sidekick Partners, and Lauren Iaslovits (Ex-founder of private markets accounting platform). For more information, please visit our website or LinkedIn.
Media Contacts
Seneschal
Barry Carroll
barry@theseneschal.com
www.theseneschal.com
LemonEdge
Jamie Nascimento
info@lemonedge.com
