Astorg Group S.a.r.l Luxembourg has appointed LemonEdge, the UK-based platform provider for private markets fund and portfolio accounting, for LP, GP and fund accounting. Astorg is a pan-European private equity firm with over EUR18bn (USD19.5bn) AuM. One of Astorg’s portfolio companies is IQ-EQ, the Luxembourg-based administrator.
On the LemonEdge platform, Astorg will manage accounting in one single, seamless chain of operations, including transaction automation across the fund structure, single click ILPA and client reporting, and integrated calculations including NAV, waterfalls and IRRs.