What Should You Expect From Your Fund Administrator?
In our prior post, we highlighted three important considerations when launching a fund. To no one’s surprise, we listed selecting a fund administrator as one of the three most important tasks. Once a fund has launched, all interested parties rely heavily on the fund administrator for accurate and transparent reporting that is easily and securely accessible. The following is our view of who the vested parties are, what work they rely on from the fund administrator, and why it’s important to look beyond name and size, to find a firm that will help you succeed.