10 Questions Every Emerging Manager Should Ask Before Hiring a Fund Administrator

As an emerging manager, hiring a fund administrator is one of the most important decisions you’ll make when launching a private fund. Your fund administrator can impact your operational infrastructure, investor communications, and even your ability to fundraise. But many emerging managers base this critical decision on incomplete information, choose a heavily-marketed emerging funds firm, or make their choice on price alone.

There are a few key questions that an emerging manager should ask during the RFP process that can make the difference between selecting a partner who can grow with you and support your fund’s growth or looking for a new administrator just a few years down the road.

In this guide you’ll find:

• Key considerations for an emerging manager when choosing an administrator, including a surprising tenth question you may not have considered
• What to watch out for when administrators answer your questions, and what to expect from top admins
• Specific ways administrators can help emerging managers, and additional services they sometimes provide

Whether you’re thinking about launching a fund or are close to making a selection, use these 10 questions designed for emerging managers to help you evaluate a potential fund administrator’s full operational capabilities and ability to scale with your fund’s AUM.