Armanino Introduces Advanced Fund Administration Services to Enhance Private Equity and Real Estate Fund Management

The new suite of services presents a comprehensive approach for fund managers to streamline operations, enhance reporting accuracy, and optimize investment strategies

Armanino LLP (“Armanino”), a top 20 national accounting and consulting firm, announces the expansion of Armanino’s Fund Administration Services (AFA) to provide comprehensive fund administration solutions to private equity and real estate investment firms–streamlining operations and enhancing investor confidence by integrating cutting-edge technology, expert financial insights, as well as rigorous updated procedures.

Fund managers need sophisticated reporting and back-office support, yet often face constraints like high implementation costs and a lack of in-house technical expertise. Internal teams, overwhelmed and often understaffed, struggle to coordinate multiple providers and fulfill specialized tax and audit requirements as an extension of their teams. The ongoing consolidation in the fund administration space only further complicates matters, creating constant change and significant headaches for management teams.

In this environment, time- and resource-strapped fund managers must still aggressively minimize risk and adhere to complex laws and regulatory guidelines. They must also deliver the strategic support and scale that firms need to achieve growth. AFA seeks to solve these pain points through one holistic solution, backed by the expertise and technology that Armanino offers.

“The need for comprehensive, sophisticated fund administration has never been greater,” says Jason Gilbert, Partner and Fund Administration Practice Leader at Armanino. “This platform is more than an individual service; it's an advanced one-stop-shop solution designed to offer customizable and scalable capabilities to meet any firm’s specific needs, while allowing them to focus on raising capital and putting money to work, not worrying about the technicalities of reporting, tax and compliance.”

AFA services are tailored to directly address these challenges for private equity and real estate fund managers. This allows fund managers to deliver accurate, timely and relevant reporting for investors, with a complete view of the fund and investment health. Beyond the administration set up and review process, AFA’s specific capabilities include:

• Precise management of capital calls: Efficiently coordinates capital calls to ensure timely funding with minimal administrative effort.
• Distributions with accurate NAV: Delivers equitable investor distributions based on precisely calculated Net Asset Value (NAV), bolstering transparency and trust.
• Capital allocation: Oversees strategic distribution of investments in accordance with fund agreements and objectives, optimizing fund performance.
• Rigorous investor relations: Strengthens investor confidence through clear communication and responsive support, key to fund success and investor satisfaction.
• Investor sophistication: Offers fully customized reporting solutions and a white-labeled investor portal from a platform investors respect, increasing adoption with a streamlined user experience.
• Tax compliance & advisory: Ensures consistency and alignment as Armanino’s private equity tax experts deliver transaction advisory services and K-1 reporting from a centralized resource.
• Valuation accounting: Provides accurate investment valuations using industry standards, ensuring reliable financial reporting and reflecting true market values.

Armanino's approach ensures that funds operate efficiently, comply with regulations, and align with the strategic objectives of fund managers and investors alike. To learn more, or inquire how Armanino’s Fund Administration Services can support you, contact Jason Gilbert here.

About Armanino LLP

Armanino LLP is one of the 20 largest independent accounting and business consulting firms in the nation. A certified B Corporation®, Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business, from startup through rapid growth to the sale of a company. Armanino emphasizes smart technology, leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino is an independent member firm of Moore North America Inc. (MNA), which is itself a regional member of Moore Global Network Limited (MGNL), one of the world’s major accounting and consulting membership organizations. All the firms associated with MNA and MGNL are independent entities, owned and managed in each location. Their membership in, or association with, MNA or MGNL should not be construed as constituting or implying any partnership between them. In addition to its core consulting and accounting practices, Armanino operates its division, AMF Media Group (amfmediagroup.com), a media and communications services agency.

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