TMF Group, a leading provider of critical administrative and compliance services, has been named 'Best Fund Administrator - ESG' in Private Equity Wire's US awards for 2022.

Each year, the users of Private Equity Wire are invited to recognise the top firms and service providers in the United States private equity industry. After initial nominations, readers and industry players vote on a select group of finalists in each category. Environmental, Social and Governance (ESG) services are a recent addition to TMF Group's offering and the award reflects how quickly the firm has succeeded in the market.

Flavia Micilotta, Director ESG Solutions, Fund Services, said: "Investors and companies around the world are facing huge disruptions to their legacy ways of working from new ESG regulations. We developed services that can help meet their obligations to create a more sustainable business."

Mark Weil, CEO of TMF Group added:

"ESG reporting presents a substantial challenge to fund managers and investors in terms of their ability to extract meaningful ESG data from their portfolio. At TMF Group we understand that challenge and have the expertise, systems and global presence to alleviate that reporting burden, supporting our clients as they invest and operate around the globe".