Linnovate Partners has been named the winner of the Drawdown Awards 2023 for the category Fund Administrator: Technology and Innovation. The prestigious awards gala was held on June 7, 2023, at the Hilton Bankside in London.

The Drawdown Awards celebrate excellence and innovation within private fund operations. The rigorous judging process, based on the views of a panel of leading private capital fund COOs, CFOs, CCOs, GCs and CTOs, ensures these awards stand out from the crowd as ‘ones to win’ and act as a catalyst to drive up service standards and operations across the sector.

“We are thrilled to receive this recognition from the Drawdown Awards,” said Henry Lin, Founder and CEO of Linnovate Partners. “Our team has worked tirelessly to develop innovative technology solutions that enhance our fund administration and portfolio monitoring services and provide greater value to our clients. This award is a testament to their hard work and dedication.”

The service provider awards category celebrates a wide range of suppliers and vendors that have demonstrated expertise and top-class client services standards in their provision of services and advice to the private fund community. Success depends on a mixture of demonstrating customer and revenue growth, as well as detailing how new initiatives, products or services have aided the business and helped clients.

Linnovate Partners’ proprietary technology platform, SMPNet, has been instrumental in enhancing the firm’s fund administration services. SMPNet is a platform that connects GPs, LPs and other stakeholders and helps streamline their fund operations, automates reporting, and provides real-time access to fund data helping them increase their efficiency.

Photo credit: The Drawdown