About us
Our History
The company was formed in 1972 as a partnership between Marc Veeneman and Al DiSanto. In 1976, Al DiSanto sold his ownership interest to Diane Veeneman. That same year, the firm began providing investor services outsourcing for alternative asset managers, starting with the Four Seasons Commodity Fund of Heinold Asset Management. This engagement marked the beginning of the company’s deep technical expertise in alternative investment fund administration and transfer agency services.
A 1982 reorganization created Marcal Systems Corporation, which was renamed Great Lakes Fund Solutions in 2011, the year Mark Lancaster purchased the company and began serving as CEO.
In 1999, Great Lakes set an industry trend by launching a secure, web-based investor portal—demonstrating an early commitment to technology-driven service in the alternative investment space.
In 2026, Great Lakes Fund Solutions was acquired by RedBird Capital Partners, positioning the firm for its next phase of long-term growth and strategic investment. The acquisition represents a change at the ownership level while preserving the firm’s leadership, operational structure, regulatory standing, and commitment to delivering high-tech, high-touch service.
Today, Great Lakes supports both public and private alternative and direct investment programs. While the company’s foundation remains rooted in technology and investor servicing expertise, its capabilities now extend beyond traditional back-office functions to support the capital formation and marketing objectives of fund sponsors and securities issuers.
Our story
Great Lakes Fund Solutions - transfer agent and fund administrator for alternative investments programs.
We service both private and publicly registered funds. Client investment strategies include real estate, futures, energy and private equity. The company provides unequaled investors-services support to programs that are distributed through RIA and independent brokerage channels. Clients benefit from our clerical and IT support in the processing transactions for a large numbers of investors and communicating with those investor and their advisors.
This support comes in the form of sales literature fulfillment, call center services, processing of subscriptions/redemptions, cash management, calculating sales commissions, providing customized reports, hosting a custom investor/advisor web portal, regulatory compliance support, investor distribution processing, and year-end tax allocation to the investors.
It does not stop there! We view our role as providing any IT and administrative support that helps the fund sponsor create a successful product.
Our proprietary, web-based investor services system is designed to give full transparency to the fund sponsor, investors and financial advisors.
Our Executive Management
