Highvern was the recipient of the Technology & Innovation Award at the prestigious The Drawdown Awards held at an event in London last night.
The Drawdown Awards celebrate excellence and innovation within private capital fund organisations and saw Highvern beat five other finalists to be recognised for its achievements over the last year.
During 2020 Highvern’s experienced strong growth with its private equity/venture capital client book growing by 150%. This growth has continued into 2021 with the business focused on offering a personalised, boutique style service to its clients.
Not believing in the one-size-fits-all approach, Highvern were singled out for their client matrix and agile methodology approach to working with clients, which takes inspiration from the technology industry on how best to manage fund workflows. During the pandemic this framework allowed the funds team to share information immediately and in real time, resulting in a reduction of working challenges for its team and an uninterrupted service to its clients.
Head of Funds at Highvern, Aidan O’Flanagan, said: “During what could have been an extremely difficult time for our team during the pandemic, our funds proposition grew strongly and we continued to build on our success. It gave us the opportunity to test our systems and approach, crafting a service which we believe is missing in the funds sector. It is encouraging not just to be recognised by awards such as this, but by the continued feedback from clients and intermediaries that the Highvern standards are very much setting the bar when it comes to fund administration.”
Highvern was shortlisted in both categories at the 2020 Drawdown Awards, and the winner of the award for Fund Administration Under $50bn. The boutique fund administration arm of the company was launched in 2018 and since that time has continued to grow organically, without compromising on the tailored and exemplary service for which it has become known for.
