Phoenix American
Founded in 1972 by Gus Constantin, Phoenix Leasing was the sponsor of a successful series of equipment leasing investment funds, sold nationwide through the broker-dealer network to qualified investors for more than two decades.
Founded in 1972 by Gus Constantin, Phoenix Leasing was the sponsor of a successful series of equipment leasing investment funds, sold nationwide through the broker-dealer network to qualified investors for more than two decades. Phoenix Leasing returned impressive returns to investors, supplied essential equipment lease options to businesses large and small. Read more on https://bit.ly/3xKtFlO
Distribution waterfalls, the method by which the capital gained by a fund is allocated between the limited partners (LPs) and the general partner (GP), is a critical consideration in setting up an investment fund. Simplicity is key. How investment returns are allotted to investors and management must be easy for investors to understand, practical for fund accounting to execute. Read more on https://bit.ly/3aYk8xE
Phoenix American attributes its continued success to an uncompromising insistence on excellence in every aspect of its service offering. The company utilizes Oracle Financials for its general ledger accounting and adheres to robust processes, procedures and controls. The company’s long-tenured work force represents deep levels of operational experience. Read more on https://bit.ly/2SmjbZQ
Phoenix American has combined the most efficient systems and precision back-office processes in alternative investments since its origins as a fund sponsor in 1972. With the growing variety and sophistication of alternative investment products and the increasing demands of both investors and regulators, advanced operational solutions are critical to the success of today’s product sponsors. Read more on https://bit.ly/2PLopgC
Phoenix American, a leading fund administration provider, is pleased to announce its new client partnership with Pennsylvania-based life settlement company Lighthouse Life Capital. Phoenix American will fulfill the back-office operational needs of Lighthouse Life with its industry-leading investor services platform featuring the state-of-the-art STAR-XMS shareholder management / transfer agent system. Read more on https://adobe.ly/3ePP3xv
With the growing variety and sophistication of alternative investment funds and the increasing demands of both investors and regulators, advanced operational solutions are critical to the success of today’s fund sponsors. Phoenix American has combined the most efficient systems and precision back-office processes in alternative investments since its origins as a fund sponsor in 1972. Read more on https://bit.ly/33dxDp7
Fund accounting is a detail-oriented, deadline-driven role designed to streamline back-office administration for an investment fund so that fund management can concentrate on its core tasks of fundraising and the acquisition of portfolio assets. With the right fund accounting partner, an investment fund can rely on systematic day-to-day tracking of portfolio investments. Read more on https://bit.ly/2RmoCHN
Phoenix American Financial Services, Inc. (“Phoenix”) is pleased to announce its new client partnership with investment management firm Valeo Groupe Americas, LLC (“Valeo”). Phoenix will support Valeo with its industry leading investor services platform featuring the STAR-XMS shareholder management / transfer agent system as well as integrated fund accounting services. Read more on https://adobe.ly/2RuFCvd
Phoenix American Financial Services, Inc. (“Phoenix”) is pleased to announce its new client partnership with real estate investment firm One Wall Partners (“OneWall”). Phoenix will support OneWall with its industry leading fund accounting services platform. OneWall will benefit from Phoenix American’s combination of advanced technology, focus on customer service. Read more on https://bit.ly/3vF9e84
The company culture of the Phoenix American workforce is that of a family and team. Your team. Our passion for the work we do and our enthusiasm for working together is what makes Phoenix American a premium provider and a great place to work. Partnering with Phoenix American is as much like working with your own employees as we can make it. Read more on https://bit.ly/33huTHm
In 1982, Phoenix American Financial Services was established to leverage the unparalleled back-office administrative proficiency of Phoenix Leasing as a full-service outsourced administrator for fellow sponsors in the alternative investment industry. STAR-XMS, the company’s proprietary shareholder recordkeeping and transfer agent system, was developed based on the long operational experience. Read more on https://bit.ly/3vIvhe9
STAR-XMS (Syndication Tracking and Reporting with Expanded Marketing and Sales Capabilities) is our proprietary investor recordkeeping system for outsourced fund administration services. The system is also available under license to self-administered funds to reduce their costs and maximize back-office efficiency. Read more on https://bit.ly/3vFp9Dm
Your customized web portal delivers fast, versatile, interactive access to STAR-XMS data. Users have dynamic web-enabled access to the information they need with a secure interface. Sponsors access the full universe of their investor information and easily communicate updates and marketing. Read more on https://bit.ly/3xNB3wV
With the rapid adoption of the World Wide Web in the early 1990s, Phoenix FiberLink was founded to construct and manage fiber-optic networks as the nation and the world embraced the Internet as essential infrastructure for economic activity. Before its acquisition by Worldcom, the company connected businesses in 26 cities nationwide. Read more on https://bit.ly/3xRKBqD
Since 1993, Phoenix American has performed corporate services, administration, fund accounting and cash management for aircraft and engine leasing transactions of every size, scope and complexity. In 2007, our office in Shannon, Ireland was established to serve ABS clients and now employs over 50 finance professionals. Read more on https://bit.ly/3b3n0t9
Return of Capital – 100% of profits are distributed to the investors until the total amount of their contributed capital is returned. Preferred Return – 100% of profits are distributed to the investors until a predetermined annual rate (a preferred return) is reached (usually 7-9%). Read more on https://bit.ly/3tmMYyo
Phoenix American SalesFocus Solutions was founded in the 1990s to leverage the marketing automation and sales reporting capacity of the Phoenix Leasing sales department in support of the sales teams of asset management firms. The MARS system, SalesFocus’ CRM sales reporting and compliance application, transforms sales and asset data into actionable business intelligence to drive sales. Read more on https://bit.ly/3boV3fV
Waterfalls can be applied at the individual level or the fund level. The individual-level waterfall adds the most complexity for fund accounting. Tracking allocations for investors who entered the fund at different times, under different provisions or spanning tax years adds a significant fund accounting burden. Any side letters for individual investors will have to be tracked for one-off adjustments to the waterfall structure. If, for example, 8% is the preferred return and 20% is the carried interest that applies to the fund but side letters for prominent investors raise the preferred return to 12% or limit the carry to 15% those variations for each individual will have to be tracked from the inception of the fund. Side letter provisions can be far more intricate and individualized than this, requiring extensive and granular tracking by fund accounting.
Phoenix American attributes its continued success to an uncompromising insistence on excellence in every aspect of its service offering. The company utilizes Oracle Financials for its general ledger accounting and adheres to robust processes, procedures and controls. The company’s long-tenured work
Waterfalls can be applied at the individual level or the fund level. The individual-level waterfall adds the most complexity for fund accounting. Tracking allocations for investors who entered the fund at different times, under different provisions or spanning tax years adds a significant fund accounting burden. Read more on https://adobe.ly/3nVXP0V
The AIX Platform integration will also enable Phoenix American to create opportunities for advisors to participate in alternatives, providing a significant competitive edge. AIX’s technology was built to provide dynamic check points across the entire investment life-cycle, removing obstacles that advisors and wealth management home offices often encounter. Read more on https://bit.ly/3ermabP
Phoenix American Financial Services provides leading-edge fund administration, accounting and technology for the alternative assets industry. As an SEC-registered transfer ...
