For fund managers, there may come a time they need outside help. For example, the first fund might have been small and narrowly focused, but the next fund in the series will expand in size or scope. It may include international investments for the first time. There are a number of reasons fund managers may seek outside help, and there are advantages to working with a third-party fund administrator, explains Adam Walker, industry principal, fund solutions, at Juniper Square. In an interview published in the July/August issue of Institutional Real Estate Americas, Walker discusses the nuances and efficiencies of partnering with a third-party fund administrator. “When you outsource to a third party, you are tapping into a team of individual accountants with years of experience and getting access to tenured fund administration professionals who can oversee everything,” says Walker.
“Another piece is being able to deliver transparency and build investor confidenc
