About Us

Overview

Founded in 2019 by  Mr. Samuel Chen, ASCENT is an Independent Global Fund Administrator dedicated to providing customized solutions to a wide range of asset managers, capital markets, family offices, investors’ private clients. Our fund services product offering specializes in Hedge Funds, Unit Trust Funds, Fund of Funds, Singapore Variable Capital Company (VCC), Private Equity, Managed Accounts, and Venture Capital Funds.

Services that ASCENT provides include but are not limited to FATCA reporting, CRS reporting, US tax reporting, Middle office, Directorship, Corporate Secretarial, Corporate Accounting and Audit, and FX Solution.

OUR FOCUS AND VISION

Focus

Fund Administration is our core business and the foundation of our firm. ASCENT maintains dedicated well-trained staff with a local presence, unrivaled knowledge, and experience. Our staff understands service level responsibilities and is committed to meeting client expectations and deadlines. We focus on building and maintaining the integrity of our relationships.

Vision

We are an Independent Global Fund Administrator with a solutions-driven culture, providing strategic outsourcing capabilities through a unique blend of services delivered through our global footprint. We are a strategic business partner committed to the highest standards of service to our clients and their investors.

Our Leadership Team

MR. SAMUEL CHEN

MR. SAMUEL CHEN

Group COO

Samuel is the Group COO of ASCENT.

Samuel is an experienced finance professional in the alternative investment space across operations, asset management, and business development. He brings more than a decade of experience to ASCENT. His experience and leadership have been focused on expanding business capabilities and driving profitable revenue growth.

Prior to ASCENT, Samuel held the position of Chief Operating Officer at Family Office. Earlier in his career, Samuel held various leadership positions in renowned MNCS’s and Banks.

Samuel graduated from the University of Oxford Brookes with a Bachelor in Accounting.
Before founding ASCENT, Samuel held the position of Chief Operating Officer at Ensemble Capital Private Limited. Before Ensemble Capital Private Limited, he was Regional Head of Client Integration of Deutsche Bank, Singapore. Samuel has gained a wealth of experience from other companies like Credit Suisse, Goldman Sachs, and Citco Fund Services. He graduated from the University of Oxford Brookes with a degree in Accounting.

MR. KAUSHAL MANDALIA

MR. KAUSHAL MANDALIA

Group Chairman

Kaushal is a dynamic leader with over 10 years of extensive fund accounting experience. Prior to joining ASCENT, Kaushal held the position of Head of Operations at Apex Group Limited. He managed operations and client relations of sovereign funds in Singapore, Hong Kong, Japan, and South East Asia’s emerging markets during his tenure in Credit Suisse and BNP Paribas.

He has amassed a wealth of experience in overseeing large team development, end to end operations, and implementation of traditional and alternative funds from various jurisdictions globally. He graduated from the University of Oxford Brookes with a degree in Accounting.