Quick Answer
- Fund administration quality affects investor reporting.
- Umbrella VCCs need sub-fund-level administration.
- Ask about FATCA, CRS, NAV and investor onboarding.
- Service scope should match the strategy and investor base.
Core selection criteria
Review experience with Singapore VCCs, sub-funds, asset class, investor reporting, technology, service team location, audit support and tax reporting coordination.
Red flags
Be cautious where the administrator cannot explain sub-fund treatment, cannot support investor reporting needs or gives a price without understanding the fund strategy.
Frequently Asked Questions
Is fund administration mandatory?
The operating model depends on the fund, but professional administration is often expected by investors and advisers.
Can one provider handle secretary and administration?
Yes, but responsibilities should still be clearly separated in the engagement scope.
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