Outsource fund administration and spend more time focusing on sourcing deals and creating investor value.
Key takeaways
A long-term outsourced fund management relationship begins with trust and transparency.
Fund administration is a complex, time-consuming job. Funds that go it alone have more operational challenges.
The alternative asset industry’s growing complexity has made fund administration more challenging and more costly than ever.
In the current environment, many complex factors impact and can diminish a firm’s operational performance, including:
- The increased cadence of investor communication and reporting
- An increasingly intricate regulatory environment
- Complicated tax reporting requirements
- Implementing and managing sophisticated technology platforms for high-volume data and analytics
- Critical talent shortages
Outsourcing fund administration can improve operational efficiency so you can focus on what you do best - deal-making and increasing value for investors. Learn more and download the “How Next-Gen Fund Administration Services Elevate Operations” guide now.
6 capabilities of best-in-class fund services
Deep industry experience
Finding a fund services provider that adds value through industry experience is essential to addressing operational challenges. A knowledgeable administrative partner proactively offers guidance and capabilities that range from transactional to strategic.
Easily scalable solutions
As you evaluate fund management solutions, consider the providers’ ability to scale up or down to match your firm’s current and future investment strategy and your resulting operational footprint.
A client-centric approach
Firms need immediate access to expert guidance and industry best practices so they can make informed, effective decisions. The ability to find answers and obtain relevant, professional advice in real-time is paramount to staying competitive and taking quick action.
Integrated technology solutions
Best-in-class fund management solutions allow for a single source of data truth, seamless connectivity and operational agility. Once data is in the system, you should be able to easily repurpose it across the platform as needed. Fewer human touch points enable better data governance.
Private fund tax expertise via an experienced tax team
As you consider a fund administration provider, prioritize those with tax teams that are a core part of their business and not simply an add-on. Look for tax groups that have specific private fund experience in addition to knowledge of current regulations, jurisdictional tax differences and updated training.
Add-ons that aren't afterthoughts
Your firm and funds are unique. Your fund management services should be as well. The ability to create and customize an administrative and operational solution that fits your distinct needs is critical. Seek out best-in-class fund solutions that offer additional services that are equal in quality to their core administrative offering. Additionally, avoid providers that may offer “add-ons” but don’t allocate quality resources to those services.
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RSM Fund Services+
Powered by a passion to solve your challenges, RSM has engineered a solution for both emerging and well-established private equity and real estate funds. Utilizing a scalable, tech-driven, holistic and integrated approach, we deliver operational alpha—increasing efficiencies and reducing operational challenges to allow you to focus on what matters most—your business.
