Fund Administration Services | DTCC, Transfer Agent & Full NAV

FUND ADMINISTRATION + INVESTMENT MANAGEMENT

Fund Administration

Institutional-grade services

SERVICES

Financial

Financial Statements

Financial Reconciliations

Tax & Audit Support

Operations

NAV Calculations

Transfer Agent

Compliance (AML/KYC)

Provided in partnership with NAV Fund Services and Covercy

Investment Management

Platform capabilities

SOFTWARE

Investor Experience

Investor Portal

Reporting

Documents

Operations

Waterfalls

Distributions

Fundraising

Institutional Accounting

Accounting Integration

DTCC/AIP

Automated Payments

You

GPs, Fund Managers,
Syndicators

Your Investors

LPs

Traditional fund admins process whatever you send them. Covercy organizes your investor data, powers your LP portal, runs your waterfalls, and executes your payments first - then fund administration plugs right in. One platform. One source of truth.

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Why Investment Management First Changes Everything

Most GPs shopping for fund admin talk to back-office processors. They get accounting services, but their investor experience, payments, and data remain fragmented. Covercy flips the model.

Traditional Fund Admin

Going directly to a large fund administrator

You send them data from multiple sources
They process it in their systems
You still need a separate investor portal
Waterfall calculations live somewhere else
Payments require manual coordination
Your investors see a patchwork of vendors

The Covercy Approach

Investment management first, fund admin integrated

Your data is already organized in one platform
Investors already have a professional portal
Waterfalls and distributions already work
Payments flow automatically to investor accounts
Fund admin receives clean, structured data
Your investors see one seamless experience

Fund administration is only as good as its inputs. When your data is already organized, your investor relationships already managed, and your payments already flowing - fund admin becomes dramatically simpler and more accurate.

Why GPs Choose Covercy Over Traditional Fund Admins

Your investors deserve better than a back-office processor. They deserve a platform built for them.

Your Data, Already Organized

Fund admin starts with clean data because Covercy already manages your cap tables, investor records, and transaction history. No data migration chaos.

Investor Portal Included

Your LPs get 24/7 access to capital accounts, documents, and K-1s through a professional portal - not an afterthought from your fund admin.

Waterfalls That Actually Work

Distribution calculations happen in Covercy where your deal terms live. Fund admin receives the results, not messy spreadsheets to interpret.

Payments Flow Automatically

When distributions are calculated, payments execute directly to investor bank accounts. No manual wires. No coordination with separate vendors.

One Platform, Not Five Vendors

See what changes when fund administration is built into your investment management platform.

Traditional Fund Admin

Covercy + Fund Admin

Investor Portal

Separate vendor or DIY

Built-in, professional, always current

Waterfall Calculations

Spreadsheets or separate software

Native to Covercy, feeds fund admin

Distribution Payments

Manual wires after fund admin reports

One-click execution from waterfall results

Capital Account Statements

PDF from fund admin, you distribute

Live in portal, always accessible

K-1 Delivery

Email or mail from CPA

Available in investor portal

Data Source of Truth

Scattered across 3-5 systems

One platform, one source

Fund Admin Services, Fully Integrated

All the institutional services you need, connected to the platform you already use.

DTCC / AIP Connectivity

Let RIAs, broker-dealers, and custodians see your fund on their platforms - connected to your Covercy investor data.

Automated position feeds to Schwab, Fidelity, Pershing
RIA and broker-dealer reporting
Retirement account support
Synced with your Covercy investor records

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Transfer Agent Services

Professional subscription processing, KYC, and investor onboarding - feeding directly into your Covercy cap table.

Subscription and redemption processing
AML/KYC verification
Official shareholder register
Automatic sync to Covercy investor portal

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Full Fund Accounting

NAV calculations and financial statements built on Covercy's organized transaction history.

Fund accounting and general ledger
Periodic NAV calculations
Financial statements
Audit and tax support

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K-1 & Tax Support

Clean books year-round because your data is already organized. Faster, cheaper K-1s.

Year-round reconciliations
Tax basis tracking
K-1 data preparation
Direct delivery through Covercy portal

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Packages

Start with what you need today. Expand as you grow. All packages include full Covercy platform integration.

DTCC Only

Contact for Pricing

DTCC AIP connectivity for RIA distribution

DTCC AIP integration
Position and transaction feeds
RIA and custodian reporting
Synced with Covercy investor data

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Transfer Agent

Contact for Pricing

Professional investor operations

Subscription/redemption processing
AML/KYC verification
Shareholder register
Distribution calculations
Auto-sync to Covercy cap table

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TA + DTCC

Contact for Pricing

Combined services for RIA-focused funds

All Transfer Agent services
Full DTCC AIP connectivity
Seamless RIA distribution
Complete Covercy integration

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Full Administration

Contact for Pricing

Complete fund admin package

All TA + DTCC services
Fund accounting & NAV
Financial statements
Audit & tax support
K-1s delivered via Covercy portal

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All packages include full integration with Covercy investor portal, waterfall engine, and payment processing.

Built For GPs Who Want More Than Back-Office Processing

Emerging & Sub-$50M Funds

Look institutional from day one. Your investors get a professional portal and experience - not just processed paperwork.

Sponsors with 100+ Investors

Scale without chaos. Your investor data is already organized, so adding fund admin services is seamless.

Funds Raising via RIAs & BDs

DTCC connectivity plus a real investor portal. Wealth managers see a professional operation, not a patchwork.

Managers Tired of Vendor Juggling

Stop coordinating between your CRM, portal vendor, fund admin, and payment processor. One platform does it all.

How It Works

Get Organized on Covercy

Import your investor data, set up your cap table, and configure your waterfalls. Your LPs get portal access immediately.

Add Fund Admin Services

Choose the services you need: DTCC, Transfer Agent, Full Admin. They plug directly into your organized data.

Seamless Operations

Fund admin receives clean data from Covercy. Results flow back to your investor portal. Payments execute automatically.

Your Investors See One Experience

Capital accounts, documents, K-1s, and transaction history - all in one professional portal. No vendor patchwork.

See How It Works

Institutional Administration, Integrated Experience

Fund administration is delivered through our partnership with NAV Fund Services - a top-ranked global administrator. But unlike going to NAV directly, you get the full Covercy platform powering your investor experience.

30+

Years Experience

$350B+

Under Administration

99%

Client Retention

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Common Questions

Why is Covercy better than going directly to a fund administrator?: Traditional fund admins are back-office processors. They take whatever data you send them and produce reports. Covercy organizes your data first, gives your investors a professional portal, runs your waterfalls, and processes your payments - then fund admin plugs into that organized foundation. Better inputs, better outputs, better investor experience.
We already use another fund administrator. Can we switch?: Yes. Many GPs come to us frustrated with the disconnect between their fund admin and their investor communications. Covercy gives you the front-office experience your investors deserve, with fund administration integrated rather than isolated.
What if we just need fund admin, not the full platform?: The platform is what makes the fund admin better. Your investor portal, waterfall calculations, and payment processing are included - and they make your fund administration dramatically more efficient. Most clients find the integrated approach costs less than cobbling together separate vendors.
How does the investor portal compare to what fund admins offer?: Most fund admin portals are basic document repositories. Covercy's investor portal shows real-time capital accounts, complete transaction history, waterfall details, and documents - all in a modern interface your investors will actually use.
What types of funds do you support?: Real estate (closed-end, open-end, syndications), private equity, venture capital, private credit, and fund of funds. The platform handles complex waterfall structures and multi-entity setups.
Who performs the fund administration work?: Covercy partners with NAV Fund Services, a top-ranked global fund administrator with 30+ years of experience. But unlike going to NAV directly, you get the full Covercy platform - investor portal, waterfalls, payments - with NAV's administration integrated in.
How quickly can we get started?: Platform setup takes 1-2 weeks. Fund admin services typically onboard in 2-4 additional weeks. Your investors can have portal access within days of signing.

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The Platform That Makes Fund Admin Better

Investor Portal

Your LPs get 24/7 access to capital accounts, documents, and transaction history - included with every fund admin package.

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Distribution Waterfalls

Complex waterfall calculations that feed directly into fund admin and payment processing. No spreadsheet handoffs.

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Payment Processing

When distributions are calculated, payments execute directly to investor bank accounts. One click, not manual wires.

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Ready for fund admin that actually integrates?

See how Covercy combines investment management with professional fund administration.

See the integrated platform in action
Get a custom package recommendation
Understand total cost vs. separate vendors

Talk to a Specialist

Ready for fund admin that actually integrates?

See how Covercy combines investment management with professional fund administration.

Get Started

FUND ADMINISTRATION + INVESTMENT MANAGEMENT