Private Fund Admin
Private Fund Admin (“PFA”) is a dedicated Fund Services division of Formidium Corp, a global fund technology and fund services company based in Chicago, Illionis. PFA’s services include all aspects of the life cycle of a private fund, from helping with fund setup to investor onboarding via our proprietary software solution CommonSubDocTM and full scale fund administration and compliance services. We use Formidium’s proprietary fund accounting software Seamless for multi-currency, multi-asset-class fund accounting for funds of all types such as hedge funds, venture funds, private equity funds, real estate funds, commodity pools, digital asset/cryptocurrency funds.
Contact us$ 25 BN+
AUA
1000+
CLIENTS
1000+
EMPLOYEES
4
OFFICES GLOBALLY
Private Fund Admin is a Revolutionary Change in Fund Administration
Private Fund Admin, a new and innovative technology platform that streamlines the private fund administration process by making it faster and more efficient, is now available from Formidium, a global leader in third-party fund administration and back-office technology solutions. The platform creates a significant competitive advantage...
Proprietary Technology
Mass Adopted
Successful use cases with 1000 active funds in managers
Easy Integration
Flexible integration with external sources/systems
Client Servicing
Committed client service team in multiple time zones
SOC Audited
Comprehensive cyber security controls & SOC 1,2, & 3 audited
Solutions We Provide
Fund Structures Supported
Any
Asset Classes Supported
Any
Total Cost of Service
Low
Relationship Manager
Standard
Fund Accounting System (GL Based, No Spreadsheet)
Standard
Integrated Fund - Portfolio - Investor Accounting
Yes
Daily NAV
Standard
Support Daily Dealing (Investor Transactions)
Standard
Aggregation Of Data/Reports/Funds/Accounts
Standard
Scalable Technology Solution - Large Volume Handling
Standard
Web Technology, Modern DRP
Standard
Technology, Cyber-Security Internal Controls - SOC 2 / SOC 3
Yes
COVID-19 Type Situation Preparedness / DRP
Always
Investor Portal
Standard
Access To Trading, Investor, Accounting Data (Read Only)
Standard
Access To Trading, Investor, Accounting Data (Read Only)
Standard
Investor Portal
Standard
Detailed Fund Document Review
Standard
Convert All Historical Data From Legacy Administrator
Standard