Slow Roll Fund Administration
Looking for a new fund administrator? Let’s slow roll and get to know each other!
Having a solid and reliable fund administrator is a core piece of any capital pool or investment fund. Often overlooked for its immense value, fund administration is one of the essential pieces ensuring a strong fund experience for investors and fund management. Like with any relationship, there is a need for trust and safety.
But what if the relationship with your fund administrator goes sour and you need to break up? What do you do as a fund manager?
With that important revelation comes fear. Fear of the transition to a new admin team, fear of the time commitment, fear of slowing everything down, fear of losing investors, and fear of cost.
These are all genuine fears and deserve to be examined closely. Moving from one fund administrator to another abruptly can send shock waves through the fund and have negative ripple effects for investors. It is generally never done unless something has gone horribly wrong and the ship needs drastic uprighting immediately or it is going to sink. It is a rare scenario but it does happen. There is normally no need for a “messy breakup”.
At Gingras Global we realize you need to get to know us before you commit to our fund administration services. So let’s slow roll and get to know each other! Fund management transitions when the time is right with a peaceful and seamless transition. Over six months, the Gingras Global team will work with fund management for a slow and easy transition. We will shadow your current books while we build it out on our side, allowing us to onboard you seamlessly onto our system. We learn your customizations and how to work together, establishing procedures and processes together. This style of slow rolling is cost-effective with the onboarding costs spread out over six months.
When the time is right, we go live with the fund management making the announcement introducing Gingras Global as the new fund administrator. Making this seemingly fearful process, peaceful and seamless for all involved.
Start your Slow Roll Fund Administration journey with us today. Fill out our contact form and check the “Slow Roll box” to get to know us and get to work with us.
