Fund Administrator

 

An individual involved in activities and tasks required to run a mutual fund, hedge fund or other type of investment that pools assets. Examples of fund administration tasks include asset management, preparation of financial statements, daily/monthly reconciliation, calculation and distribution of dividends/payments, and calculation of Net Asset Value (NAV). Fund administration can be handled within a fund or be outsourced to an external individual/firm.

Related Concepts: Capital Account Processing Fund Performance GAAP GL Processing Investor Reporting Management Fee Net Asset Value Net Present Value Mutual Fund Portfolio Reporting Reconciliation Subscriptions and Redemptions Valuation   Available Positions Related to Fund Administrator: Alternative Investments jobs Asset & Investment Management jobs

Relevant Functional Areas: Alternative Investments Capital Raising Fiduciary Administration Fund Accounting & Administration Fund of Funds Hedge Funds Institutional Investment Management Venture Capital   Related Job Titles: Credit Risk Fund Accountant Portfolio Analytics Prime Broker   Synonyms: Partnership Administrator Portfolio Accounting