Phoenix American Financial Services Inc., a provider of fund administration, fund accounting and transfer agent services for the alternative investment industry, announced a client partnership with RealBlocks, a company that provides access to alternative investments by digitizing shares of funds over a blockchain-enabled network.
RealBlocks’ network is designed to create enhanced levels of liquidity and access to alternative investments for fund managers, financial intermediaries and investors. Phoenix American Financial Services will support Real Blocks with its transfer agent system and investment services platform as well as fund accounting and reporting services.
“Technological innovation is a core value of our vision for the future of the alternative markets,” stated Perrin Quarshie, founder and CEO of RealBlocks. “In working with Phoenix American, we believe that their forward-thinking and expertise in the industry will help us to deliver our clients a best-in-class experience.”
Phoenix American Financial Services provides back-office outsourcing, fund accounting and transfer agent services as well as sales and marketing reporting services to fund companies in the alternative investment industry. The firm was founded in 1972 and is headquartered in San Rafael, California.