Fund Administration That Simplifies Your Workflow

A hedge fund administrator is a company that provides operational and administrative support services to hedge funds, including managing data, reconciling trades, and handling regulatory compliance. They work with hedge fund managers to ensure that the fund’s operations run smoothly and efficiently.

Many financial institutions and fund management companies outsource their hedge fund administration functions to third-party service providers like Lanturn, allowing them to focus on their core competencies while reducing operational costs. These outsourcing services typically include back-office functions such as trade settlement, record-keeping, investor services, and financial reporting.

Private equity fund administration involves managing and overseeing the financial and administrative operations of private equity funds. Private equity fund administrators provide a range of services to help fund managers focus on their core competencies of investment analysis and portfolio management. These services may include accounting, reporting, investor relations, and compliance.

They are not the same a fund accountant is responsible for the day-to-day accounting and financial operations of a fund, such as calculating net asset values, preparing financial statements, and reconciling accounts. On the other hand, a fund administrator is responsible for a broader range of services, including fund accounting, investor services, compliance, and reporting. They also act as a liaison between the fund manager and investors. Lanturn offers both fund administration and fund accounting services.

The cost of fund administration services varies depending on the complexity of the fund structure and the level of service required. It’s important to get a clear understanding of the fee structure before engaging a fund administrator to avoid unexpected costs.