PEF Services, a leading fund administrator for Alternative Investment Managers, today announced Tony Olivo as Director, Business Development, reporting to PEF Chief Revenue Officer, Hank Boggio. Based in San Francisco, Mr. Olivo will be driving PEF's business development activities with a focus on the Western U.S. region.

Mr. Olivo brings over 10 years of business development and client operations experience in fund administration services and solutions. Prior to joining PEF Services, Mr. Olivo held sales leadership and senior account management roles at Phoenix American Financial Services where he was instrumental in growing the firm's client base and increasing sales revenues. In his new role, Olivo is responsible for building and maintaining the business development opportunity pipeline for Western U.S. sales operations to support the growth and expansion of PEF Services.

"We are expanding operations to deliver our world-class, cutting edge fund administration services and solutions in the Western region of the U.S.," said Hank Boggio, Chief Revenue Officer, PEF Services LLC. "Tony understands the financial, regulatory and operational complexities of our industry first-hand. He is a strategic addition to the PEF business development team to lead and support our efforts to deliver the services that are vital to both General Partners and Limited Partners."

"PEF's growth trajectory, deep experience in fund administration and its reputation in the market for providing superior client service are all strategic differentiators," commented Olivo. "It's exciting to join PEF at a time of such expansion. I look forward to driving further success by addressing the opportunities and challenges of the private capital fund community with our innovative, exceptional and essential services."

About PEF Services LLC

PEF Services provides high-value, high-touch Fund Administration solutions supported by senior professionals with extensive experience in alternative investments. PEF has a 15-year track record of delivering cost-effective solutions to Funds and General Partnerships, including Buyout, Venture, Real Estate, Special Purpose Vehicles, Mezzanine, Credit, SBIC, and Fund of Funds. The firm's LP Administration Solutions Group (LPAS) focuses solely on meeting the unique administration and data needs of limited partners investing in illiquid alternative assets. In partnering with PEF, firms increase operational efficiency, reduce and control operating costs, improve focus on core capabilities, and gain access to experts in private capital back office operations. For more information please visit www.pefservices.com.