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December 18, 2024
Marketing Director
ZURICH – 18th December 2024 – qashqade, the leading technology provider for streamlining and automating fee and waterfall calculations and reporting for private funds, are thrilled to announce that Svalner, Sweden's leading group of independent tax and financial transaction specialists, has selected qashqade to automate their fund distribution waterfalls and GP carried interest reporting.
Svalner is expanding its Fund Services division with a dedicated focus on Fund Administration, aiming to provide industry-leading solutions for private fund reporting and administration. This strategic initiative is designed to strengthen Svalner's position in the private equity and alternative investment sectors. To address the complex challenges of fund administration, including the management of non-standard limited partnership agreements, Svalner chose qashqade for its flexible calculation engine and unmatched accuracy in reporting fund distributions and carried interest across a wide range of private funds. Furthermore, qashqade’s seamless integration with the Entrilia fund accounting platform provided a significant operational advantage.
I am thrilled to have concluded this contract with qashqade, says Robert Tranquilli, Partner at Svalner.
Erik Kindblom, Director at Svalner continues: “After a careful selection process, qashqade became the natural choice for us, not just for the technology but also their deep understanding and expertise of our challenges and how to address them.”
Adam Garnman, Senior Manager at Svalner continues “As a forward-looking business, we want to ensure we have dedicated technology to replace manual spreadsheets and their inherent risks. We’re delighted to be working with qashqade, and their native integration and partnership with Entrilia made the decision even easier.”
Oliver Freigang, CEO at qashqade added: “We’re proud to have been selected by Svalner and it’s fantastic to partner with a firm with such extensive expertise. Our technology integrates natively with their fund accounting system (one of our partners) and provides peace of mind through the accuracy we can offer, allowing them to focus on their core business.”
Svalner is Sweden's leading group of independent specialists in tax and financial transaction advisory. We work in the areas of corporate taxation, indirect taxes, and financial advisory. Our expertise covers real estate, closely held companies, banking and finance, M&A, and private equity.
With our new launch in fund administration, we hold a unique position as a one-stop shop for the private capital market.
Engineered in Switzerland by private markets experts, qashqade guarantees accuracy, improves transparency and builds trust between GPs, LPs and their beneficiaries. It does this through an award-winning enterprise product suite that streamlines and automates fee and waterfall calculations and reporting for private funds, replacing manual processes and unstable spreadsheets. The qashqade platform offers CFOs a modular solution that can handle any asset class and any level of complexity. Headquartered in Zürich, qashqade also has offices in New York, London, and Budapest.
