Five key considerations when selecting a new fund administrator
12.07.2024 – Contributors
Selecting a new fund administrator is a critical decision for GPs. Reversing this decision is challenging and often costly, making it essential to get it right the first time. The frustration and operational disruptions associated with fund administrator(s) failing to meet expectations underpins the importance of a thoughtful selection process.
Read the original article from Holland Mountain here.
At Holland Mountain, we assist clients in developing their fund administrator outsourcing strategy. Through our experience of managing dozens of RFP processes for Private capital firms, we have identified five areas CFOs should know about in order to maximize the success of their selection process. This article offers a holistic view on the process, fund administrator landscape and the best practices to adopt before and during the selection process.