Since the 2007-2008 global financial crisis there has been a
growing trend for private equity and real estate funds to delegate
fund administration to specialist partners. But what are the
factors that drive a successful relationship? What should you be
looking for in an administrator?
The financial crisis prompted a huge increase in funds working
with third parties who can take on accounting and administrative
tasks.
Investors are now demanding increased transparency and favour
the robust governance, due diligence capabilities and technological
innovations that specialist third parties can bring to the
table.
From the fund's perspective, a partner can help them to
navigate the ever-changing regulatory maze that surrounds them in
the aftermath of international legislation such as the AIFM
Directive and MiFID II. And then there are the extra demands
generated by regulation specific to those operating in certain
markets, such as the Dodd-Frank Act in the US and
